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,...

FCA focussing on high-cost credit and overdrafts

The Financial Conduct Authority (FCA) is seeking evidence and feedback to further inform its...

2016 Christmas costs revealed

Brits intend to spend £1,484 each this festive season, according to annual research from...

Clever Lending and Lowry Capital save client £1.2m

Clever Lending says it helped save a corporate borrower in a debt reduction deal from their...

Rise in number expecting 2017 rate rise

23% of remortgagors now expect a rate rise in the next year, according to...

SMEs need better protection against late payers

Hundreds of thousands of small and medium-sized enterprises (SMEs) have not been protected from...

Mortgage arrears still at 20-year low

The Council of Mortgage Lenders (CML) has reported that the overall arrears rate in...

Fall in second charge mortgage repossessions

Latest figures from the Finance & Leasing Association (FLA) show that the number of second-charge mortgage...

FCA concerned by ‘high risk’ sector appetite

Lynda Blackwell, mortgage sector manager at the Financial Conduct Authority (FCA), says the regulator...

Debt consolidation still main reason for loan

Debt consolidation remains the top reason that people apply for a loan, with 47%...

Citizens Advice sounds warning over guarantor loans

An increasing number of people are struggling with debts for guarantor loans and rent to...

Variable incomes causing debt problems

Research carried out by Debt Advisory Centre has revealed how the growing numbers of people whose incomes...

COMMENT

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

The blind spot: residential advisers and the over-55 customer

Yesterday I talked about the supportive nature of the equity release and later life lending community and the fact that collaboration is one of...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested growth. But I think we need to have an honest...

Are we actually set up to support first-time buyers?

After a summer spent thinking it over, this time of year is often the point where first time buyers decide whether they're going to...

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no published First Reading date.  But is it imminent? Andy Burnham entered...

Latest news

Access FS mortgage business rises 46.8% in record July

Access Financial Services recorded its strongest month for mortgage business in July, with activity...

LiveMore launches mortgage podcast for brokers and advisers

LiveMore has launched a podcast series covering developments in the specialist and later-life lending...

Mortgage myths deter would-be first-time buyers

Misconceptions about mortgage eligibility may be prompting aspiring first-time buyers to abandon their plans...

Dudley Building Society publishes guide to trusts

Dudley Building Society has published a guide explaining how trusts can be used to...

PROFILES