Debt

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...

One in seven hide debts from their partner

Couples are keeping millions of pounds worth of money secrets from each other and...

Many Brits unprepared for bank rate rise

TSB has surveyed thousands of homeowners across the country to fully understand how prepared Britain...

North-South repossession gap closes

The divide between home repossessions in the North and South has closed by 80% since...

COMMENT

Mental health and the evolving role of mortgage advisers

Money worries rarely stay just about money. They affect sleep, confidence, relationships, and mental wellbeing - and for many people across the UK, mortgage...

Beyond the walk: Mortgage leaders talk mental health – part 16

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday last week as...

Why complex-income borrowers need more adviser support

The UK mortgage market has become more complex for borrowers, lenders and advisers alike. Higher rates, tighter affordability pressures and more varied working patterns...

Economic abuse: The warning signs every adviser should recognise

Taking out a joint mortgage is one of the most common ways for people to get onto the property ladder. For many, combining earning...

Beyond the walk: Mortgage leaders talk mental health – part 15

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday last week as...

Latest news

Santander cuts rates across higher LTV fixed and tracker mortgages

Santander has reduced rates across a range of first-time buyer, home mover and remortgage...

West One raises core income multiples to 5.5 times

West One has increased loan-to-income limits across its core residential mortgage range and improved...

Equity Release Group launches adviser network

Equity Release Group has launched a specialist adviser network aimed at helping firms expand...

Gen H puts underwriters on front line of broker enquiries

Gen H has restructured its sales and underwriting teams in a move designed to...

PROFILES