Debt

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,...

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...

COMMENT

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

The blind spot: residential advisers and the over-55 customer

Yesterday I talked about the supportive nature of the equity release and later life lending community and the fact that collaboration is one of...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested growth. But I think we need to have an honest...

Are we actually set up to support first-time buyers?

After a summer spent thinking it over, this time of year is often the point where first time buyers decide whether they're going to...

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no published First Reading date.  But is it imminent? Andy Burnham entered...

Latest news

Access FS mortgage business rises 46.8% in record July

Access Financial Services recorded its strongest month for mortgage business in July, with activity...

LiveMore launches mortgage podcast for brokers and advisers

LiveMore has launched a podcast series covering developments in the specialist and later-life lending...

Mortgage myths deter would-be first-time buyers

Misconceptions about mortgage eligibility may be prompting aspiring first-time buyers to abandon their plans...

Dudley Building Society publishes guide to trusts

Dudley Building Society has published a guide explaining how trusts can be used to...

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