The BBC Sounds podcast host has warned people who are on two-year fixed rates with their mortgage.

Martin Lewis has issued a warning to anyone with a mortgage as rates plunge again - but added waiting for them to fall even further may not be worth it

The new price cap kicks in for UK households on Tuesday October 1, taking energy bills to £1717 for many.

The ITV regular, who hosted ITV Good Morning Britain this week alongside Susanna Reid, spoke out on X, formerly Twitter.

Mr Lewis has explained how, while mortgage rates are dropping, savings-rates are also on the downturn - with the highest now at around 5.13 per cent.

The essential tip from Money Saving Expert founder Mr Lewis came on his weekly chat with Adrian Chiles on the BBC Sounds podcast.

People who dry their clothes inside in autumn and winter have been issued a £70 warning.

Baked beans shoppers have been warned they could be saving cash by switching to a budget option which has been rated top in a taste test.

The new price cap kicks in for UK households on Tuesday October 1

Hanging damp clothes on a drying rack inside the home releases moisture into the air which promotes mould growth and drying laundry on radiators or heated racks is also a common practice for many households in the colder months.