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Is a mortgage with a fixed term of five years the best option?

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Last year saw a sharp increase in biennial fixes as people expected interest rates to fall But this year’s interest rate stalemate means five-year rates are back in favor Just as many people fixate for five years as for two years, says real estate agent Those buying a home or taking out a new mortgage … Read more

UK energy bills are unlikely to fall in the medium term, Ofgem has warned

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Stay informed with free updates Simply log in to the British energy myFT Digest – delivered straight to your inbox. UK energy bills are not expected to fall significantly over the next decade, partly due to the costs of building out the electricity network to support the shift to renewables, the chairman of the energy … Read more