Debt

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...

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...
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COMMENT

Later Life

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

results

Access FS mortgage business rises 46.8% in record July

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

LiveMore launches mortgage podcast for brokers and advisers

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

Mortgage myths deter would-be first-time buyers

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

Dudley Building Society publishes guide to trusts

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

PROFILES