Debt

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...

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...

COMMENT

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

The blind spot: residential advisers and the over-55 customer

Yesterday I talked about the supportive nature of the equity release and later life lending community and the fact that collaboration is one of...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested growth. But I think we need to have an honest...

Are we actually set up to support first-time buyers?

After a summer spent thinking it over, this time of year is often the point where first time buyers decide whether they're going to...

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no published First Reading date.  But is it imminent? Andy Burnham entered...

Latest news

Mortgage myths deter would-be first-time buyers

Misconceptions about mortgage eligibility may be prompting aspiring first-time buyers to abandon their plans...

Dudley Building Society publishes guide to trusts

Dudley Building Society has published a guide explaining how trusts can be used to...

Eleos partners with Homebox to target underserved renters

Eleos has partnered with household bills platform Homebox to offer life insurance and income...

Mortgage anxiety rises as one in five lack financial safety net

The proportion of UK adults apprehensive about making mortgage decisions has risen from 15%...

PROFILES