Debt

One in four SMEs suffer bad debt of over £10k

Over a quarter of small and medium sized enterprises (SMEs) in the UK, suffer...

Repossession firm wound up

A Stourbridge-based repossession and eviction advice firm has been wound up following an investigation...

Fall predicted in buy-to-let mortgage arrears

Keystone Property Finance has stated that buy-to-let mortgage arrears are set to fall below...

Lloyds successful with PPI ad complaints

Lloyds Banking Group has seen complaints it made against two claims management companies upheld...

Debt management directors disqualified

A husband and wife team from Cheshire have been disqualified for a total of...

Average Brit juggling £5k worth of debt

A new survey from the AA has revealed that  5.4 million people (11%) have transferred...

Industry should improve defaulter rehabilitation

The consumer debt industry could do more to recognise positive steps taken by debt...

Decade of credit card debt for many Brits

MoneySuperMarket has reported that 37% of Britons have been saddled with credit card debt for up to...

6.8m adults have never checked their credit score

Nearly seven million UK adults in the near prime sector have never checked their credit...

Reduction in serious rent arrears

The improving employment market has led to fewer tenants falling into serious rent arrears,...

North/South repossession gap markedly closing

There has been almost halving in the divide between home repossessions in the North...

Slight shift in reasons for remortgaging

There was a fall of four percentage points in the number of people opting...

CML: repossession rate “lowest on record”

The Council of Mortgage Lenders (CML) has revealed that the number of repossessions in...

UK steel threat could worsen repossession figures

HML has stated that repossession rates for UK homes will remain low so far...

Latest POLL

COMMENT

Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and down the country will be preparing for exams and making...

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...

Latest news

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...

£1 billion lost annually as 50,000 London social homes used fraudulently

A shocking new report reveals that around 50,000 social housing properties in London are...