Debt

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...

Households’ financial anxiety on the rise

Adults' financial anxiety in 2015 has increased sharply since 2014 and is now back to the...

Rents cooling in run-up to Christmas

Rents across England and Wales have fallen below the £800 mark, according to the...

Rise in brokered remortgage volumes

31% of borrowers who remortgaged in November, did so to increase the size of...

COMMENT

Working up those income streams

Some might say the UK labour market has lost some of its confidence. Unemployment is rising, job moves have slowed, and many employers are...

Ignore the Gen Z worker stereotypes – the future is bright

The office fridge. Full of 12 types of milk, none derived from cows, and four on the work top, at room temperature. As for...

Reframe Cancer 2026 trends: prevention to take centre stage

This year is already shaping up to be one when prevention is taking centre stage. The Government recently announced the expansion of its WorkWell...

The mortgage protection gap advisers can’t ignore

The Financial Conduct Authority’s (FCA) consumer research findings published late last year, offered an insight into what the protection industry can expect from the...

Cashback, remortgages and adviser opportunity in 2026

A recent flood of mortgage products into the market offering cashback prove it has moved from the margins of the remortgage market to the...

Latest news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

PROFILES