Debt

Wellbeing partnership for debt solutions provider

Debt solution customers of Gregory Pennington and Freeman Jones now have access to a...

StepChange Financial Solutions joins the Equity Release Council

The Equity Release Council has announced that StepChange Financial Solutions has become its latest...

Sharp rise in over-55s’ credit card debt

The proportion of over-55s who have been in debt in the last five years...

30% drop in second charge repossessions

Latest figures from the Finance & Leasing Association (FLA) show that the number of...

StepChange calls for General Election pledges on debt

StepChange Debt Charity has published the key measures that it wants the next government...

Half of homeowners who use equity release pay off mortgages

49% of equity release customers in the third quarter of 2019 used it to pay...

Over one-third of adults have missed a payment

39% of British adults have missed more than one credit payment, according to research...

Growing levels of financial pessimism

29% of Britons expect their finances to get worse in the next year, while...

Income shocks hit hardest in Wales

24% of Welsh adults are showing at least one sign of financial distress according...

1.26m may need broker support over the next 12 months

Specialist lender Pepper Money has published the findings from its detailed research carried out...

Credit card borrowing by over-55s rises significantly

The proportion of over-55s who have been in debt in the last five years...

StepChange: record numbers seeking debt advice

Debt charity StepChange has warned that warned that record numbers of households are vulnerable...

FCA tells claims management firms to raise ad standards

The Financial Conduct Authority (FCA) has said that claims management companies (CMCs) need to...

Debt a growing issue with over-55s

Equity release adviser Key has calculated that up to half of older homeowners are...

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