Debt

New Debt Management Plan range from Pepper Money

Pepper Money has introduced a Debt Management Plan mortgage range for individuals who are...

Provident Financial subsidiary fined £1.97m by FCA

The Financial Conduct Authority (FCA) has imposed a fine of £1,976,000 on credit card...

Many lower income households displaying signs of ‘debt distress’

A rise in consumer credit growth and the prospect of faster-than-expected interest rate rises...

Half a million households at risk of negative equity

Computershare Loan Services has warned that a fall in the average UK house price of...

36-year low for mortgage repossessions

UK Finance has reported that there were 82,800 homeowner mortgages in arrears of 2.5%...

Record low for second charge repossessions

The number of second charge mortgage repossessions in 2017 was 105, 27% lower than...

£13bn of secret debt in the UK

Britons are hiding a collective £13bn worth of secret personal debt from their friends,...

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...

COMMENT

Cashback, remortgages and adviser opportunity in 2026

A recent flood of mortgage products into the market offering cashback prove it has moved from the margins of the remortgage market to the...

Autonomous AI is waiting for us

The UK rightly prides itself on having one of the most respected financial services sectors in the world but even strong markets benefit from...

TOM BILL: Rate cut expectations fade amid mixed signals

Borrowing costs have risen in recent weeks for reasons that include stronger-than-expected UK economic data and tempering the outlook for cheaper mortgages. However, an uncertain...

Think you know CeMAP? Maybe it’s time to think again

Anyone who wants to work as a mortgage adviser in the UK needs to hold qualifications that are recognised by the FCA and, for...

Second charge mortgages set for another strong year in 2026

A few weeks into 2026, the direction of travel for the second charge mortgage market is already clear. Momentum has carried over from last...

Latest news

Accounts manager jailed after £767k theft from Newcastle panel management firm

A senior employee at Newcastle-based Pure Panel Management has been jailed after embezzling more...

Cambridge BS opens new funding round for local housing and homelessness projects

The Cambridge Building Society has opened applications for its Community Fund, continuing its commitment...

Assetz Capital expands development finance offering

Assetz Capital has updated its development finance proposition to allow planning gain and residual...

MIMHC offers free mental health first aid training

The mortgage and property finance sector is rolling out a series of free mental...

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