Debt

FCA fines HSBC £6.2m for TCF failings

The Financial Conduct Authority (FCA) has fined HSBC UK Bank plc, HSBC Bank plc...

Nearly 80% say finances affecting their mental health

Bluestone Mortgages has published research during this Mental Health Awareness Week to highlight the...

Which? reveals rise in missed bill payments by mortgage holders

Which?’s Consumer Insight Tracker has revealed that 8.1% of mortgage holders missed payments for...

Budget 2024: debt measures welcomed, but long-term plan needed

Debt charity, National Debtline, has welcomed the Chancellor’s decision to extend the Household Support...

Wellbeing being affected by increased financial stress

New research from St. James’s Place (SJP) has found that ongoing financial strain is...

Unsecured debt rising for those with adverse credit

43% of people with adverse credit say their level of debt has increased in...

Sharp rise in number of people seeking debt options

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has...

Over 5m adults ‘haven’t got a clue’ about outstanding debts

67% of Britons admit to having debt that's weighing them down, according to the...

FCA bans referral fees for debt packagers

The Financial Conduct Authority (FCA) is banning certain providers of debt advice from receiving...

“Irresponsible” Everyday Loans TV ad banned

Everyday Loans has had a television advert banned by the Advertising Standards Authority (ASA),...

Homeowners look to consolidate debt as credit card spending grows

As of January 2023, a staggering £63.9 billion was outstanding on credit cards, following...

Homeowners looking for ways to pay off costlier debts

Evolution Money has published the latest results from its quarterly data tracker, which reviews...

Hodge sees sharp rise in over-50s taking mortgages for debt consolidation

New data from specialist lender Hodge shows a significant increase in the number of...

FCA to go ahead with debt packager referral fee ban

The Financial Conduct Authority (FCA) is to move forward with proposals to ban debt...

Latest POLL

COMMENT

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...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...