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Ed Magnus - Senior This is Money Reporter

Ed Magnus is a senior reporter at This is Money covering all things property related. He has a particular focus on mortgages and buy-to-let. He joined the team in October 2020 and has covered various personal finance topics including savings and personal banking. Prior to starting his career in journalism, Ed worked at an online mortgage broking firm and an estate agent in London.

Coverage: Money Mortgages Buy-to-let

MOST RECENT ARTICLES FROM ED MAGNUS

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Best and worst counties for buying a home under asking price: Why haggling in Gwynedd could work but Bristol will prove way trickier

22/07/23 05:01

Many homebuyers are likely attempting to secure properties under asking price amid the apparent slowdown across the housing market. Higher mortgage rates have hit purcahsing power, dampening buyer demand somewhat. This week, two-year fixed mortgage rates reached a 15-year high, surpassing the level reached at the peak of the fallout from the mini-Budget in October last year....read

I'm panicking about the tax I might owe on my savings interest: Do I have to file a return with HMRC or is it done for me?
15/07/23 06:00
I am slightly panicking about the tax I owe on some of my non-Isa savings for the year ending in April 2023. What should I (and others) do if I know I have a liability?
- 195 comments
- 197 shares
NS&I ups interest rates on fixed-term savings accounts by up to 1.15%: Here's how they stack up against the best deals from rivals
13/07/23 12:02
Guaranteed Growth Bonds and Guaranteed Income Bonds have both seen substantial rate rises.
- 33 comments
- 22 shares
Do you live in one of the UK's most cashless communities? ATM activity has plummeted 40% - but some areas still prefer to stick to paper money
13/07/23 05:00
There are huge variations in cash usage in different parts of the UK - and even within different areas of the same city.
- 64 comments
- 89 shares
TSB launches £200 bank account switching offer: Here's how it stacks up against other banks' free cash deals
11/07/23 05:00
TSB has launched a bank account switching incentive, offering new and existing customers £200 cash.
- 91 comments
- 7 shares
Is saving with a little-known bank safe thanks to FSCS protection? We reveal how to check it has your back
10/07/23 05:00
Competition at the top of the best buy savings tables is rife and rates have been ticking upwards almost every day.
- 28 comments
- 3 shares
Marcus boosts easy-access savings rates for 7th time this year to 4% - but there are still 20 providers that pay more
07/07/23 02:38
Marcus, the app-based bank run by Goldman Sachs, has once again boosted the interest rates on its popular easy-access savings deals.
- 16 comments
- shares
What a coincidence! Lloyds, Halifax and HSBC hike savings rates on the same day their bosses face questions from FCA about paying savers fairly
06/07/23 04:19
Banking giants, Lloyds and HSBC have announced rate hikes on a number of savings deals on the same day their bosses faced questioning over their treatment of savers.
- 81 comments
- 19 shares
What next for savings rates? Best easy-access is at 4.35% and leading one-year fix pays 6.01% - here's what the experts predict now...
06/07/23 09:42
Our independent best buy tables have been a hive of activity with banks and building societies battling it out for top spot in recent months.
- 85 comments
- 94 shares
Nationwide boosts savings rates for the second time in two weeks: Here's how they stack up against the rest of the competition
05/07/23 02:53
Nationwide Building Society has today announced further increases to some of its most popular savings deals.
- 65 comments
- 29 shares
The lucky dozen! How 12 Premium Bonds holders with pots of £1,000 or less scooped prizes between £10,000 and £100,000 in the latest draw
04/07/23 01:47
Premium Bonds holders may have noticed their chances of winning a top prize has dramatically increased over the past 12 months.
- 176 comments
- 12 shares
Banks rein in balance transfer credit card terms, cutting interest-free periods and hiking fees on 0% deals as concerns rise over bad debts
04/07/23 08:58
A string of big banks slashed the maximum terms on their balance transfer credit cards by several months last week.
- 65 comments
- 1 share
MPs call on big banks to increase paltry savings rates and provide 'fair value' to customers, as they accuse them of 'blatant profiteering'
03/07/23 02:24
The Treasury Committee has contacted the chief executives of the UK's largest banks asking if they are exploiting customers' inertia when it comes to switching accounts.
- 298 comments
- 22 shares
Newcastle pulls best-buy savings deal after just TWO days in red hot market... but Investec and Paragon step up with two more table-topping rates
03/07/23 11:24
Newcastle's Base Rate Tracker paid a market leading 4.3% for easy-access, but two new accounts have since been launched paying almost as much.
- 27 comments
- 28 shares
Beware the tax sting on that 6% savings account: Savers can earn the most interest since 2008
01/07/23 08:51
Rates have been rising at a relentless pace recently. However, as rates rise, savers are at an increasing risk of being hit with a tax bill on their interest.
- 5 comments
- 1 share
Why is there such a huge gap between best buy cash Isa rates and other types of savings account? An expert explains...
01/07/23 07:28
It has always annoyed me that the rates of interest offered by banks on cash Isas are less than the rates for the same period offered for 'taxable' accounts. Why is this?
- 72 comments
- 69 shares
First Direct customers now get FREE spending abroad, as bank battles back against challenger rivals
01/07/23 05:00
First Direct is no longer charging its customers for using its debit card abroad, joining just a handful of other UK banks.
- 26 comments
- 22 shares
Premium Bonds ups prize fund rate to its highest level since 2007 - increasing savers' odds of getting a payout
30/06/23 03:36
National Savings & Investments will also increase the interest rate on its Income Bonds and Direct Saver accounts.
- 117 comments
- 59 shares
The best bank accounts for in-credit interest: We round-up the four best current account providers that'll give you a return on your bank balance
30/06/23 05:00
Rising interest rates mean people are becoming increasingly aware of the potential returns their cash could be generating.
- 23 comments
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Charter Savings Bank launches best buy one-year fix at 6 PER CENT and a two-year version paying even more as savings battle erupts
29/06/23 04:00
Charter Savings Bank has launched a new best buy one-year fixed rate savings account paying 6 per cent interest.
- 19 comments
- 73 shares
Savings raid: Britons withdrew a record £4.6 billion from banks and building societies last month - so where is it all going?
29/06/23 01:04
Bank of England figures show the biggest monthly withdrawal in 26 years, since records began in 1997.
- 194 comments
- 64 shares
ALL Intelligent Finance customers will see current accounts closed this year, as bank gives two months notice to those affected
29/06/23 05:00
Thousands of Intelligent Finance customers are receiving letters from the bank informing them that it is set to close all its current accounts.
- 6 comments
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Fixed-rate savings hit 6%! London-based JN Bank launches new overall best buy rate which could see more providers breaching the benchmark
28/06/23 04:03
Savers can now earn 6 per cent interest from fixed savings rates, after JN Bank launched a new best buy this afternoon.
- 66 comments
- 22 shares
Newcastle BS catapults to the top of the easy-access savings league with new deal that tracks base rate until the end of 2025 - and it's open to all
28/06/23 02:30
Newcastle Building Society has launched a best buy easy-access savings deal that promises to track the Bank of England base rate until 31 December 2025.
- 18 comments
- 27 shares
SmartSave Bank launches best buy one-year fixed savings deal - the FOURTEENTH time it has raised the rate in just 27 days...
28/06/23 10:22
The savings war has intensified so strongly that some challenger banks are now tinkering with best buy rates on a near daily basis, analysis for This is Money shows
- 13 comments
- shares
Base rate boost for savers: Top easy-access account now pays 4.21% and best fixed-rate deal hits 5.85%
26/06/23 03:19
There are now 11 savings providers paying 4% or more on easy-access deals - and a number of top fixed deals have also arrived in recent days.
- 168 comments
- 51 shares
Lloyds launches two best-buy cash Isa deals: Savers can now bag a 5.05% tax-free return
26/06/23 10:55
Someone stashing £10,000 in the Lloyds one-year deal will earn £495 in interest, while the two-year fix will bag a £1,025 return over the 24 month period.
- 28 comments
- 2 shares
What the interest rate rise means for your mortgage and savings: Bank of England ups base rate to 5% - here's how it will affect you
22/06/23 11:01
We explain why the Bank of England is continuing to raise interest rates and what it means for your mortgage, savings and the wider economy.
I moved home in 2021 but couldn't sell my old flat due to unsafe cladding: Will I ever get back the 3% extra stamp duty I paid on my 'second home'?
22/06/23 06:31
When we moved in 2021 I was forced to pay the additional 3% stamp duty surcharge as the old flat was unsellable. Can I claim it back from HMRC?
- 50 comments
- 1 share
Nationwide ups savings rates across its most popular accounts by just 0.1% despite hiking mortgage rates for THIRD time in less than a month
21/06/23 04:10
Nationwide Building Society has today announced increases to some of its most popular variable-rate savings accounts.
- 112 comments
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Marcus ups easy-access savings rates to 3.75%: Should its 800,000 savers remain loyal or switch to a better deal elsewhere?
21/06/23 12:23
Marcus, the app-based bank run by Goldman Sachs, is once again boosting the interest rates on its popular easy-access savings deals.
- 40 comments
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Savings rates that pack a punch: Now FIVE easy-access accounts pay 4% or more as challenger banks battle for top spot
20/06/23 03:04
Savers can now choose from five easy-access accounts paying 4% or more from Principality BS, Coventry BS, Sainsbury's, GB Bank and Chip.
- 21 comments
- 14 shares
Premium Bonds boosted again: NS&I ups fund rate to highest level in 15 years to 3.7% meaning 24 extra £100k and £50k prizes up for grabs
20/06/23 09:01
Premium Bond savers are set for even better payouts after NS&I raised its prize fund from 3.3 to 3.7% starting from its draw next month.
- 180 comments
- 176 shares
Santander kills off its 123 accounts: Bank launches new Edge Up deal offering 3.5% in-credit interest on balances up to £25k
20/06/23 08:43
Santander has announced that it has withdrawn its 123 current account from sale as of today and replaced it with a new deal - but is it any good?
- 197 comments
- 172 shares
I'm tempted to put my savings in a Barclays one-year fix - but it's described as a 'structured deposit account': What does that mean?
20/06/23 05:00
I've seen a 12 month structured deposit account from Barclays available on savings platform Raisin paying 5.25%.
- 10 comments
- 1 share
Are savings rates about to be hit for 6 (per cent)? New one-year fix pays 5.7% as provider takes a big shot to go top of the best buy leaderboard
19/06/23 02:49
England's batsmen may be hoping to hit as many sixes as they can in the Ashes cricket series - and experts predict savers will soon be cheering 6% savings rates.
- 24 comments
- 5 shares
Should we pay a £10,000 'holding deposit' to secure our dream house? The seller says if we don't exchange on time they can keep the money
19/06/23 06:34
Because our offer is dependent on our own sale, the seller says he will only accept our offer on the condition that we pay a £10,000 holding deposit. What should we do?
- 213 comments
- 1 share
I 'won' a halfpenny coin from an arcade 2p pusher machine - is it worth a mint and do any of these old coins sell for big bucks?
17/06/23 05:00
On a recent trip to Southwold, Suffolk, I was messing around with the 2p pusher machines in the arcades with my daughter.
- 144 comments
- 40 shares
What's going to happen to house prices? Two property experts go head to head... and one predicts a 35% FALL by 2025
15/06/23 05:00
Property Hub's Rob Dix and BestAgent's Charlie Lamdin (pictured) have differing views on how much house prices will fall due to the spike in inflation and mortgage rates.
- 1252 comments
- 111 shares
The savings rate whirlwind continues: SmartSave launches one-year fix paying 5.41% as providers scramble to top the best buy tables
14/06/23 12:42
SmartSave became the latest provider to take top spot in our independent best buy savings tables - the seventh new account to do so within 24 hours.
- 43 comments
- 28 shares
Amex ups sign-up bonus on its popular Gold card to 25,000 points: Here's what you have to do to get them
14/06/23 10:37
American Express has increased the sign-up bonus on its Preferred Rewards Gold credit card from 20,000 to 25,000 points.
- 8 comments
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All you need is just a little patience: Why notice accounts that bag you a better rate AND access to your cash can be a savers' secret weapon
13/06/23 08:50
Savers usually have a choice between locking money away for a year or two to get a high rate, or leaving it in an account earning far less interest.
- 11 comments
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Easy-access savings hit 4% as Coventry BS launches new deal - and Shawbrook Bank now has TWO best buy cash Isas
13/06/23 01:45
Savers can now get 4 per cent from easy-access savings after Coventry Building Society luanched its new Four Access Saver.
- 19 comments
- 4 shares
Race is on for a one-year savings fix at 5.5%: Investec is the latest big bank to boost short-term rates as it launches a new best buy
13/06/23 11:20
Investec has upped the rate on its one-year fixed saver account as competition ramps up at the top of the best buy savings tables.
- 17 comments
- 9 shares
Winning £1million on Premium Bonds or getting hit by lightning: Which is more likely? We asked a stats wizard to reveal TRUE odds of nabbing a prize
12/06/23 06:44
Premium Bonds remain the nation's favourite savings product with more than 21 million people holding them - not far off a third of the UK population. But what are the odds of winning a cash prize?
- 289 comments
- 36 shares
Rising rents force growing number of would-be tenants to stay at home with mum and dad: New data reveals there are around 105,000 'missing' renters
11/06/23 11:01
The share of renters leaving the family nest has been steadily declining across the UK since 2015, according to new data released by Hamptons.
- 120 comments
- 9 shares
Mind the house price gap! Gulf between asking and sold figures is currently 22%... so how do you know what your house is REALLY worth?
09/06/23 05:00
Agents keen to land a listing and over-ambitious homeowners can lead to inflated asking prices - and this can put potential buyers off.
- 593 comments
- 210 shares
Rise of the micro-fix savings accounts: How to bag a £245 boost on £10,000 for Christmas by opening quick deals paying up to 5%
09/06/23 05:00
Savers can now get up to 5% on their savings if they micro-fix, thanks to a new wave of shorter term deals.
- 18 comments
- 31 shares
Time to review the Personal Savings Allowance? As millions face tax on savings for the first time, here's how high it would be if was linked to inflation
08/06/23 10:47
The Government is facing pressure to raise tax thresholds on the amount savers can earn in interest before they are taxed.
- 72 comments
- 51 shares
Why all HSBC customers should earn 4% on their cash: The bank's easy-access account is a no-brainer and delivers a £400 interest boost
05/06/23 12:45
HSBC customers will have access to a market leading 4 per cent instant-access savings rate as of Thursday this week.
- 26 comments
- 85 shares
I want to gazump someone to buy a home that's already under offer but the estate agent refuses to put my bid forward: Is that legal?
05/06/23 06:50
I spotted a flat where I'm looking to buy, which seemed perfect. However, when I called the agent they refused to let me view it as they said it was already under offer.
- 419 comments
- 143 shares
Saffron Building Society launches inflation-busting 9% regular savings rate - but here's why deals with lower interest might be a better bet...
02/06/23 06:00
Saffron Building Society has launched a market-leading savings account with an inflation-beating interest rate of 9 per cent.
- 84 comments
- 25 shares
'Get paid, not played': Half have never switched savings provider despite high street banks still offering sub-1% easy-access rates
02/06/23 06:00
Half of savers have never switched bank despite analysis showing they could be more than £200 better off a year if they did.
- 44 comments
- 3 shares
Cash Isa season is back with a bang! Record £17.8bn poured into tax-free accounts in March and April as savers rushed to better rates
01/06/23 02:11
After a decade of low returns which saw savers shun cash Isas, better rates and the threat of breaching PSA limits has seen tax-free accounts firmly back in focus.
- 37 comments
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Mortgage approvals for house purchases drop in April, as net borrowing hits record low outside of the pandemic
01/06/23 02:04
Mortgage borrowing dropped into negative territory, as higher interest rates continued to put buyers off.
- 1 comment
- 7 shares
Skipton BS launches market-beating 7.5% savings rate... but there's a catch: We explain who can get it and what you need to know
01/06/23 08:25
Skipton Building Society has today launched a regular saver account paying 7.5% - the highest interest rate currently available with any bank or building society,
- 39 comments
- 36 shares
Savings bonus boosters are back! New cash bribes on offer from Hargreaves Lansdown pumps up best buy fixed-rates to 5.25%
01/06/23 06:00
Hargreaves Lansdown has reintroduced its cash bonus offer for those who sign up and deposit cash on its savings platfrom, Active Savings.
- 3 comments
- shares
Savers can now bag a best buy one-year fix of 5.25% as competition for short-term bonds heats up
31/05/23 08:59
The one-year deal is being offered via the savings platform, Raisin UK, by the National Bank of Egypt and is fully FSCS protected.
- 51 comments
- 33 shares
I'm planning to let my home for the first time: How do I choose a letting agent, can I haggle over fees and what questions should I ask them?
30/05/23 06:00
I don't want the hassle of finding tenants or managing the property myself, so I've decided to use a letting agent. What should I look for when choosing one?
- 21 comments
- shares
Shawbrook Bank launches new best buy one-year fix paying 5.06%: Should you lock in now or could rates climb even higher?
26/05/23 08:01
Shawbrook Bank has today launched a market leading one-year fixed rate deal paying 5.06 per cent and one-year fixed rate Isa paying 4.43 per cent.
- 23 comments
- 33 shares
Don't be the average saver! We reveal how you could have earned THREE TIMES more interest since 2008 - turning £10,000 into £14,461
26/05/23 06:00
Over 15 years the average saver has made a pitiful 15%. Our research reveals what happened if they moved their money once a year to the best rate - and the difference is massive.
- 101 comments
- 24 shares
One week left to bag 'ludicrously generous' Barclaycard Avios Plus credit card bonus as it battles American Express
24/05/23 02:05
Britons have just one week to sign-up to the Barclaycard Avios Plus Mastercard and bag themseves a sign-up bonus of 50,000 Avios points.
- 1 comment
- shares
Simple trick to bag a best buy two-year fixed savings rate of 5.18% as Chip, Investec and SmartSave boost deals
24/05/23 11:36
Savers have a bunch of new best buy deals to choose from after a number of savings providers upped rates in the past 24 hours.
- 11 comments
- shares
Secret 'easy-access' savings account that offers a £240 interest boost and is open to all... but it comes with a catch
23/05/23 08:32
Savers hoping to maximize returns on their rainy day cash may want to consider a niche savings account that tracks the Bank of England base rate.
- 13 comments
- shares
Warning over shoulder surfing PIN thieves stealing information from smartphones - here's how to stay safe
23/05/23 08:00
Britons are being urged to be on the lookout for criminals who are intent on stealing mobile phones in order to unleash havoc on their financial and banking apps.
- 56 comments
- 25 shares
As £3.5bn pours into National Savings & Investments in just a month, why this may NOT be time to follow the crowd
20/05/23 08:53
Premium Bonds are easily the most popular savings deal in Britain, but savers can find better rates elsewhere, say experts.
- 62 comments
- shares
Should I buy a flat with an unofficial roof terrace? The agent says it's baked into the price, but my solicitor wants me to pull out
20/05/23 09:13
We're buying a flat with a roof terrace that isn't included in the official plans. The estate agent says it'll be fine but our lawyer says we should pull out. What should we do?
- 124 comments
- 2 shares
Marcus ups savings interest rate for fifth time this year: We read the small print and reveal how it compares to rival deals
18/05/23 11:34
Marcus, the app-based bank run by Goldman Sachs, is once again boosting the interest rates on its popular easy-access savings deals.
- 34 comments
- shares
How much have YOU lost to inflation? We reveal just how much cash, savings, house prices and investments have fallen in real terms since 2020
18/05/23 06:00
The rampant inflation of the past three years has eaten away at the purchasing power of our money. We look at how that has affected savers, homeowner and investors.
- 111 comments
- 1 share
Lloyds ramps up current account switching war with new £150 cash bribe: Customers who join it can now get up to £320 of perks in first year
16/05/23 04:19
Lloyds Bank has rejoined the current account switching battle with a £150 cash bribe alongside an array of other perks.
- 18 comments
- shares
Stick or twist? NS&I boosts its Direct Isa rate for 333,000 customers - but savers can still find far better interest elsewhere
16/05/23 12:14
NS&I has boosted the interest rate on its Direct Isa savings account from 2.15 to 2.4% in what one expert has labelled as 'underwhelming.'
- 16 comments
- shares
How many times can I move my cash Isa each year? How often can I top it up? And will I stop being paid interest during the transfer if I switch bank?
16/05/23 06:00
I switched my easy-access cash Isa to a new provider earlier this year, but with rates continuing to go up, I now want to move it again again to take advantage.
- 18 comments
- 31 shares
Investec launches best buy notice deal: Is this now the perfect halfway house for savers seeking higher rates without having to fix?
15/05/23 12:47
Savers deciding between the convenience of an easy-access account and better returns on offer from fixed-rate deals could pick an option in the middle.
- 3 comments
- shares
Base rate bounce: Five providers boost savings rates after Bank of England decision to raise base rate to 4.5%
11/05/23 03:06
Five savings providers have announced they are upping easy-access savings rates following the Bank of England's base rate hike.
- 38 comments
- shares
Looking for a new stocks and shares Isa? Plum offers exclusive £200 monthly prize draw to This is Money readers if they sign up
11/05/23 09:49
Starting this month, one winner will be picked at random from all those who download the Plum app and open a stocks and shares Isa using This Is Money's link.
- comments
- shares
How far can an estate agent stretch the truth on a floor plan? We've seen some homes for sale where the room sizes look a bit ambitious
09/05/23 06:00
We have been looking at houses to buy and have come across a wide variety of floor plans, some of which seem to be a bit ambitious to put it politely.
- 41 comments
- 1 share
We're house hunting: Should we go for the property that offers the best price per square foot or is there a better way to measure value?
05/05/23 06:00
We are cautious of overpaying given how slow the housing market seems to be at the moment. Will calculating the price per square foot tell us if we're getting a good deal?
- 17 comments
- 2 shares
I've saved up and can finally afford to get on the housing ladder: Should I wait for either house prices or mortgage rates to fall before buying?
04/05/23 06:00
My monthly outgoings will go up significantly if I get on the housing ladder. Should I hold off and see if mortgages become cheaper, and when might this happen?
- 635 comments
- 1 share
You can now get 5% on your savings! Six best buy accounts launch including highest-paying one-year fix since January 2009
03/05/23 12:18
Savers can now get 5% interest when putting their money in the bank, as long as they are prepared to fix for a year or more.
- 62 comments
- 7 shares
An Isle of Man bank offers 5.3% interest on a fixed-rate savings account and it's open to UK residents - but is it worth taking the plunge?
02/05/23 01:37
Britons can leapfrog the best savings rates currently on offer by UK banks by opting for the best offshore savings rates instead.
- 94 comments
- 5 shares

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