Debt

Daily financial worries cause of stress for millions

Over 13.8 million people (28.8%) say daily money worries are their main cause of...

Brits take on debt to fund Christmas

Nationwide Current Accounts survey has found that Brits are on average spending five months...

Homeowners’ safety net has been eroded

A new report commissioned by UK Finance, Challenges for our Home Ownership Safety Net: UK...

Equifax highlights monthly financial pressures on families

25% of parents have admitted to missing monthly credit card payments, according to new...

Small rise in repossessions

UK Finance has reported that the number of mortgages in arrears of 2.5% or...

Repossession to completion times shorten

The length of time from taking a house into possession until its sale has...

Equity release customers using property wealth to clear debts

One third of equity release customers are unlocking wealth from their properties to clear...

Call for FCA to curb rise of consumer debt

With a November rise in Bank Rate looking likely, Citizens Advice is urging the Financial Conduct...

Debt ‘breathing space’ proposals outlined

The Government has announced proposals to give people in debt six weeks breathing space...

FCA bans debt management pair

The Financial Conduct Authority (FCA) has banned Adrian and Christine Whitehurst, former directors of...

Further fall in arrears and repossessions

Trade body UK Finance has revealed that the number of mortgages in arrears of...

Lloyds to pay £283m in redress over mortgage arrears fees

Lloyds Banking Group has agreed with the Financial Conduct Authority (FCA) to set up...

Households increasingly relying on unsecured debt

28% of Brits have sought to borrow an amount equal to at least half...

Creditor Toolkit hailed as ‘breakthrough’

Computershare has backed the launch of the Money Advice Service’s (MAS’s) new Creditor Toolkit. MAS...

Latest POLL

COMMENT

Brokers face rise in complex cases as bridging demand evolves

As reported recently in trade news, the bridging finance landscape is changing, and brokers are increasingly faced with more complex client scenarios. Greenfield Bridging...

18 months of Inspired Lending: how we’ve grown alongside the bridging market

In December 2023, we completed our very first bridging loan. On the surface, it was a straightforward deal. But for us, it marked something...

Threadbare safety nets and the reassurance of life insurance for mortgagors

For first-time buyers who have managed to save enough for a deposit, there’s a lot to think about when searching for the perfect home....

How might Trump’s tariffs impact on mortgages in the UK?

With Trump’s tariff wars already sending financial markets yoyoing up and down and the likelihood that these trade wars will negatively impact both global...

Key holiday let tax changes: what brokers really need to know

The UK holiday let market has seen rapid growth in recent years, largely fuelled by the rise in staycations and favourable tax incentives. However,...

Latest news

L&G honours top performers at 14th annual Business Quality Awards

Legal & General has named the winners of its 14th annual Business Quality Awards,...

Mortgage affordability at highest level since 2024, says Stonebridge

Mortgage affordability in the UK reached its most favourable level in March since the...

AdviserSoftware.com announces senior appointment and internal promotion

AdviserSoftware.com has announced a key internal promotion and a strategic new hire as the...

FCA moves to simplify insurance regulations

The Financial Conduct Authority has announced plans to streamline its insurance rulebook, in a...
Advertisement