Debt

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...

Equifinance concerned by CCJ peak

Secured loan lender Equifinance has outlined its concern at the sudden rise in consumer...

Significant fall in rate of personal insolvencies

The UK’s rate of personal insolvencies dropped by 18% as towns in the North...

Debt burden for older parents

Having children later in life is impacting the amount of debt people have as...

Older people don’t know where to get advice

The greatest financial fear for 23% of people aged 65 and over is that their...

SMEs vulnerable to defaulting on loans

57% of SMEs had at least one form of business borrowing in 2015,...
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COMMENT

Homebuying

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

Appointments

Des Moore joins Suffolk BS as non-executive director 

Des Moore, former Cumberland Building Society chief executive officer, will join the Suffolk Building...
Buy-to-let

GB Bank cuts 65% LTV BTL rates by 0.30%

GB Bank has reduced its 65% LTV buy-to-let core range rates by an additional...
News

Together cuts fixed rates and expands criteria

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

Bank lending to smaller property investors falls 14%

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

PROFILES