Debt

Debt charities call for immediate household rescue package

Direct cash support for affected households, a pause on debt enforcement, and urgent support...

Three firms create Financial Wellness Group

The Financial Wellness Group has launched, with the mission of improving the wellbeing of...

Open Banking partnership for StepChange Debt Charity

StepChange Debt Charity has partnered with OpenWrks to bring the opportunities offered by Open...

First mortgage repossessions up but seconds down

Mortgage repossessions during the final quarter of 2019 increased by 11% year-on-year, continuing the...

Biggest rise in insolvencies for women over 65

The number of insolvencies amongst women aged 65 and over increased from 1,109 in...

Rise in numbers using equity release to pay off debts

LV= has revealed an increase in the number of people aged over 65 using...

Key research into those retiring in the red

Over-55s specialist adviser Key has undertaken a unique study into the finances and ambitions...

Majority of Xmas debts to be paid off within three months

66% of UK households expect to return to their normal financial state within three months...

Mental health affects half of adults with credit issues

48% who have experienced adverse credit in the last three years say their mental...

Two-thirds of people in UK struggling to afford Christmas

68% of people are unable to comfortably afford Christmas and nearly a third turning...

Debt advice apprenticeship gets green light for 2020 launch

A debt advice apprenticeship has been approved by the Institute of Apprenticeships. The first cohort...

Equity release demand to be driven by debt, say advisers

According to a survey of equity release-qualified financial advisers carried out by Canada Life,...

Adverse credit adults look to cut back on spending

Pepper Money has revealed that 41% of adults who have experienced adverse credit in...

Over one-third of over-55s living beyond their means

35% of over-55s say their expenditure exceeds their income, with a significant majority of...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

PROFILES