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...

Seconds “helping with growing debt concerns”

Clever Lending has reported a noticeable rise in broker enquiries on behalf of clients...

Large demand for debt consolidation loans

More than 180,000 people across the UK could take out personal loans for debt...

Medium-sized businesses hit hardest by late payments

61% of invoices issued by UK small and medium sized enterprises (SMEs) remain unpaid...

More over-55s expect to take debt into retirement

More 2 Life has found that 40% of Britons over the age of 55 will still...

Landlord arrears half that of homeowners

UK homeowners are more than twice as likely as landlords to be in arrears,...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

Together cuts fixed rates and expands criteria

Specialist lender Together has reduced rates across its fixed-rate product range and announced it...

Bank lending to smaller property investors falls 14%

The value of lending from UK-regulated banks to small and medium-sized property investment businesses...

L&G names winners of 15th Business Quality Awards

Legal & General has announced the winners of its 15th annual Business Quality Awards. The...

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

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