Read our 10 most popular stories from May 2016
Make sure you're up to date with all the latest news, tips and guides by checking our 10 most popular stories on Moneywise.co.uk in May 2016.
A Brexit or stay result in the EU referendum will affect household finances in different ways. We explain what to expect from each outcome.
Viewers of the BBC’s online catchup service, iPlayer, will have to pay to watch programmes from 2017.
Mobile phone users can now send a text message to opt of unsolicited sales and marketing calls.
For those who want to become a millionaire, there is another way to boost your chances, rather than accepting the long odds (1 in 14 million) offered by the National Lottery.
Barclays has become the first high street lender to offer a 100% loan-to-value (LTV) mortgage since the financial crash, allowing first-time buyers to borrow the full value of a property.
Tax changes mean profits and income from buy to let will be lower in the future. Here’s our handy guide to what to do and how to lessen the tax blow of selling up.
Need a builder, electrician or plumber? Don’t just Google and hope for the best. Here’s how to find someone reliable.
The latest digital bank and banking app, B promises to “take the fear out of finance” with a range of tools and features to make managing money easier.
Are you worried you’ll be short of money when you retire? The good news is that you can still do something about it – even if you only have ten years to go.
‘Bulb’ is the latest provider on the energy block; it’s unique selling point? Promising to provide renewable energy at an affordable price. Moneywise looks at how it stacks up.
Invidivual Savings Accounts were introduced on 6 April 1999 to replace personal equity plans (PEPs) and tax-exempt special savings accounts (TESSAs) with one plan that covered both stockmarket and savings products, the returns from which are tax-exempt. The ISA is not in itself an investment product. Rather, it’s a tax-free “wrapper” in which you place investments and savings up to a specified annual allowance where the returns (capital growth, dividends, interest) are tax-exempt (you don’t have to declare ISAs and their contents on your tax return). However, any dividends are taxed within the investment, and that can’t be reclaimed.
The catch-all term applied to investors who buy properties with the sole intention of letting them to tenants rather than living in them themselves, with the proceeds from the let usually used for the repayment of the mortgage. Buy-to-let investors have to take out specialised mortgages that carry higher interest rates and require a much bigger deposit than a standard mortgage. Other expenditure can include legal fees, income tax (on the rental profits you make), capital gains tax (if you sell the property) and “void” periods when the property is unlet.