Debt

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...

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...

COMMENT

Mutual strength and the broker partnership

The mutual sector has always been associated with community purpose, local branches and a member-first approach that feels a little different to the wider...

First-time, accidental or professional? How the landlord profile is shifting in 2026

One of the most common misconceptions that people have about the buy-to-let market is that landlords are a single, uniform group. The reality is...

Complexity is rising and broker enablement has never mattered more

 For many years, success in the mortgage market was built off efficiency. If a broker understood the mainstream lending landscape, packaged cases well and kept...

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Latest news

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

PROFILES