Debt

BUDGET 2016: claims management review

A report into the claims management sector was published as part of the Budget...

FCA to contact 16,000 debt management customers

The Financial Conduct Authority (FCA) is writing to 16,000 customers of debt management firm PDHL, which...

Eviction rates fall following healthier tenant finances

The latest Tenant Arrears Tracker by estate agency chains Your Move and Reeds Rains has found that...

Debt levels rising among women

Women are relying on credit to fund their lives, leaving many vulnerable to a...

16% rise in mortgage balances for Virgin Money

Virgin Money has reported an increase in pre-tax profits of 53% to £160.3 million for...

BoE reports strong lending start to 2016

Latest statistics from the Bank of England show the number of loan approvals for house...

Biggest personal finance mistakes revealed

Research from specialist insurer Partnership has looked into the largest financial mistakes people make. The top five...

Tenants stressing out one-third of landlords

Research from tenancy and property management firm London Shared found that 76% of landlords...

One-fifth of Glaswegians have a secret cash stash

12% of 10 Scots in relationships have a secret account that their partner is...

‘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...

COMMENT

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

Burnham’s property tax could hit mortgage lending, warns Maskells

A proposed proportional property tax backed by Andy Burnham could hit mortgage lending, tighten...

Des Moore joins Suffolk BS as non-executive director 

Des Moore, former Cumberland Building Society chief executive officer, will join the Suffolk Building...

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...

Together cuts fixed rates and expands criteria

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

PROFILES