Debt

Debt consolidation hotspot in borrowing revealed

53% of all loan requests in the Lytham St Annes postal area are aimed...

PRA reviewing consumer credit lending following growing concerns

The Prudential Regulation Authority (PRA) has undertaken a review of consumer credit lending, examining...

FCA consults over consumer credit staff incentives

The Financial Conduct Authority (FCA) has today published proposals on how consumer credit firms...

New credit guide for vulnerable customers

The Finance & Leasing Association (FLA) and The UK Cards Association have launched a new...

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...

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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

Vida Bank reports strong 2024 results

Vida Bank has reported a fourth consecutive year of profitability and confirmed robust growth...

Mortgage Matters partnerships to streamline home insurance offering

Mortgage Matters has partnered with insurtech firm Uinsure and intermediary platform Acre in a...

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...
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