Debt

‘Debt regret’ for almost half of Brits

44% of Britons have admitted to having ‘debt regret’ for spending on their credit...

2.7m Brits using credit to fund funerals

Family and friends in the UK have spent collectively £4.8 billion on funerals for...

HML claims its arrears better than average

HML has claimed that its analysis of data shows that the proportion of mortgages it administers that are currently more than...

Seven-year low for second charge repossessions

The number of second-charge mortgage repossessions totalled 228 in 2015, the lowest level for at...

Arrears and repossession levels still falling

The Council of Mortgage Lenders (CML) has reported that fewer than one in 1,000...

Small businesses going legal over debt

The volume of County Court Judgements brought by small businesses rose by 23% from the...

Secured lender see more clients wanting out of DMPs

Equifinance has witnessed a rise in clients wanting to exit their Debt Management Plan...

A further 700,000 households in default by 2020

Consumer debt defaults will increase by 17% over the next five years according to...

12.4% annual house price growth for London

The Land Registry has reported an annual price increase of 6.4% in December 2015. This takes...

64% of remortgagors secured a lower rate

11% of borrowers who remortgaged in December did so to pay off other debts...

Surge in debt consolidation mortgage enquiries

Kensington Mortgages has found a noticeable increase in the number of people looking to consolidate their...

Average individual unsecured debt now over £6k

Brits are taking on an increasing amount of unsecured debt, according to MoneySuperMarket. Individuals in...

20% have no idea how they’d cope with rate rise

TSB has found that 72% of homeowners are likely to see their mortgage payments...

14% rise in number of tenants with serious arrears

There was a 13.8% quarterly increase in the number of tenants seriously behind on...

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Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis, bridging finance was a much more nascent product than it...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results following years of study that will determine their ability to...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years has been remarkable. The days of the so-called ‘accidental landlord’,...

Leasehold fees, specialists and the need to shop around

Leasehold properties account for around 20% of all dwellings in the UK, and while that figure may change in the future with government legislation...

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of a client’s life. Later life lending sits firmly in that...

Latest news

The Darlington relaunches foreign currency mortgages

Darlington Building Society has reintroduced foreign currency mortgages to its intermediary range, to support...

Mortgage Guarantee Scheme supported over 56,000 loans before closure

The government’s Mortgage Guarantee Scheme, which ended in June this year, supported more than...

PEXA unveils first TPMA partnership ahead of Sale and Purchase launch

PEXA has been appointed by Amity Law as its third party managed account (TPMA)...

Source Insurance adds Integra to panel

Source Insurance has strengthened its home insurance proposition with the addition of Integra Insurance...