Debt

Average lifetime of borrowing charted

MoneySuperMarket has calculated that the average British borrower will owe £309,000 over their lifetime, including...

Over 50s: debt is part of modern life

More than half of people over 50 believe that debt is a part of...

Second-charge repossessions down 50%

The Finance & Leasing Association (FLA) has revealed that the number of second-charge mortgage...

Small fall in mortgage arrears

The Council of Mortgage Lenders (CML) has reported that the number of mortgages in...

Directors of debt lead provider banned

A pair of directors of Signed and Sealed Marketing, which provided leads to debt...

2017 equity release to eclipse previous year?

Latest data compiled by Responsible Equity Release indicates that more homeowners than ever are taking advantage...

Harrington Brooks received FCA authorisation

Personal insolvency provider Harrington Brooks has secured full authorisation from the Financial Conduct Authority (FCA)....

Average amount owed per adult up 5%

UK consumer debt now stands at £240 billion, according to MoneySuperMarket. 73% of UK adults say they currently have...

Money makes the world go round

That famous song performed by Liza Minnelli in the 1972 film Cabaret isn’t quite...

Retirement debt back on the rise

Prudential has found that the proportion of people retiring in debt this year is at...

Equifinance sees changing customer profile

Second charge mortgage lender Equifinance says the profile for customers taking out a second...

Land Registry: average property value now £236,424

The Land Registry's UK House Price Index for December shows an annual price increase of...

Repossessions at 35-year low

The Council of Mortgage Lenders (CML) has reported that the number of properties taken...

New associate member for ASTL

Begbies Traynor has become the latest associate member to join the Association of Short...

Latest POLL

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...