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...

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HMOs: market realities, future prospects, and the broker opportunity

The HMO sector remains one of the most dynamic parts of the private rented market, with recent data showing it’s both a significant asset...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis, bridging finance was a much more nascent product than it...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results following years of study that will determine their ability to...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years has been remarkable. The days of the so-called ‘accidental landlord’,...

Leasehold fees, specialists and the need to shop around

Leasehold properties account for around 20% of all dwellings in the UK, and while that figure may change in the future with government legislation...

Latest news

Virgin Money and Clydesdale Bank cut product transfer window to four months

Virgin Money and Clydesdale Bank are reducing the length of time customers can apply...

The Leeds cuts mortgage rates and lowers barriers for first-time buyers

Leeds Building Society has announced a raft of mortgage rate reductions of up to...

Accord widens access for those on Universal Credit and without indefinite leave to remain

Accord Mortgages has relaxed key elements of its lending criteria in a move it...

Vulnerable equity release customers still overlooked, warns ERG

The Equity Release Group (ERG) has warned that the financial advice industry is failing...