Money blog: 'Extremely worrying' mortgage trend revealed in new report; a third of people make this mistake when booking their holiday - and how to avoid it
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A new report reveals an 'extremely worrying' mortgage trend, with mortgage possession actions rising above previous year's levels. Landlords selling properties represent the single biggest threat to renters, with 5,790 households threatened with homelessness due to receiving a notice to end an assured shorthold tenancy. Around 16% of wealthier shoppers have cut spending on luxury goods, impacting companies like Burberry. The Department for Work and Pensions (DWP) is hiring 2,500 'external agents' to crackdown on benefit fraud. Parents of children under two years old can now get 15 hours free childcare. The price of packed lunches has soared by around 45%, with Tesco being the cheapest supermarket to buy a healthy one. Buskers in the UK share their experiences and earnings. The best bank accounts for children offer competitive rates and can significantly improve their financial health in the future.

#Mortgages #Renting #LuxuryGoods #BenefitFraud #Childcare #PackedLunches #Busking #Children'sBankAccounts

https://news.sky.com/story/money-news-taylor-swift-inflation-interest-rate-latest-blog-mortgages-13040934