Debt

Homeowner arrears and repossessions stay at historically low levels

UK Finance’ has reveals that in the third quarter of 2018 there were 77,600...

UK Finance: arrears and possessions at an all-time historic low

UK Finance has reported that there were 76,740 homeowner mortgages in arrears of 2.5%...

Pepper makes DMP rate and criteria changes

Pepper Money has introduced improved criteria on its Debt Management Plan mortgage range and...

Widows reluctant to downsize

47% of law firms regularly advised widows who are facing financial hardship to consider...

Graduates “could miss out on £75k from their pension pot”

New research from Royal London has found that graduates earning an average salary who...

People in the dark over loved ones’ finances

Brits are hiding over £69bn of debt from their partners, according to new research...

Unsecured debt amongst 55 to 74-year olds on the rise

New research from equity release lender More 2 Life reveals that unsecured debt amongst 55 to...

FCA reveals urban-rural differences in financial services

The Financial Conduct Authority (FCA) has published the latest analysis from its Financial Lives...

NMBA introduces financial education initiative for teenagers

The New Model Business Academy (NMBA) has launched a free financial education initiative to...

FCA outlines claims management regulation plans

The Financial Conduct Authority (FCA) has today published draft rules outlining how it will...

Debt management director banned for misappropriating client money

The Financial Conduct Authority (FCA) has banned Darren Lee Newton from working in any...

Average Brit owes £5,688 of debt

Just under seven million Brits believe they are living debt free despite owing millions,...

Second charge repossessions remain low  

Latest figures released by the Finance & Leasing Association (FLA) show that the number...

Mortgage arrears down 8% year-on-year

UK Finance has reported that there were 78,800 homeowner mortgages in arrears of 2.5% or...

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COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...