Debt

Fall in secured loan repossessions

The number of second charge mortgage repossessions fell 45.3% in the first quarter of...

Majority feel in control of debt repayments

The latest Lending Report from Lloyds Bank reveals that people surveyed are feeling upbeat...

Equity release being used to clear debts

Retired homeowners are increasingly using their property wealth to clear debts, including loans, credit...

LMS: eight in 10 remortgagors switch lenders

82% of borrowers who remortgaged in March did so to switch lenders to get...

MMR has caused changes in spending habits

Research by MoneySuperMarket suggest that prospective borrowers are changing their spending habits in a...

‘Mortgage Freedom Day’ pushed back eight days

Halifax said last Saturday (18 April) was this year’s UK Mortgage Freedom Day. It is calculated...

18-34 year olds find it hardest to live within their means

13 million households believe their debt situation is going to worsen before it gets...

1.5 million borrowed to pay rent or mortgage last month

Six million Brits (12%) borrowed money to cover their grocery bills last month, according...

New buy-to-let statement of practice unveiled

Buy-to-let lenders which are members of the Council of Mortgage Lenders (CML) are adopting...

18 to 24-year-olds most likely to have a CCJ

27% of adults in the UK have, at some point, been contacted by a...

FCA publishes business plan for 2015/16

The Financial Conduct Authority (FCA) has revealed the key areas of work it will undertake in...

Calls for major reform of Money Advice Service

The Money Advice Service (MAS) has been heavily criticised in an independent report. The review...

ICO raids PPI call centre

A call centre in Hove has been raided by the Information Commissioner's Office (ICO). The...

Quantum by Bridgebank Capital aids debt forgiveness deal

Quantum by Bridgebank Capital has completed a £1.2 million short term loan advance for...

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Helping university students onto the property ladder

As we head towards the Easter break, thousands of first-year university students up and down the country will be preparing for exams and making...

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

Latest news

Spring surge in property listings creates market opportunities

The average asking price for newly listed properties has risen by 1.1% (+£3,876) this...

Secure Trust Bank Commercial Finance appoints senior portfolio director

Secure Trust Bank Commercial Finance (STB CF) has announced the appointment of Carl Pykett...

Inflation expectations rise slightly as BoE releases latest survey

Public expectations for inflation and interest rates have edged higher, according to the Bank...

£1 billion lost annually as 50,000 London social homes used fraudulently

A shocking new report reveals that around 50,000 social housing properties in London are...