Debt

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...

House prices up 5.6% year-on-year

The Land Registry's October data shows an annual price increase of 5.6% which takes the...

1.2% month-on-month fall in rents

Rents across England and Wales have fallen between September and October, according to the...

High stress levels for debt defaulters

Debt defaulters have high stress levels with a significant number suffering from sleep deprivation...

More people successfully managing loan payments

69% of people will be able to pay for Christmas without having to take on...

Mortgage arrears continue to fall

Latest data from the Council of Mortgage Lenders (CML) show a continuing decline in...

Large majority fear not paying off interest-only loan

Nearly three-quarters of homeowners with interest-only mortgages are concerned they may not be able...

66% of young adults don’t know what APR means

There is a distinct lack of understanding about borrowing among young adults in the...

Parental financial support up by a fifth in two years

Parents are increasingly being relied on to support their grown up children’s lifestyles according...

Payday lender to refund over £15m to customers

Dollar Financial UK, which trades as The Money Shop, Payday UK, Payday Express and...

Three in 10 over-60s struggling to pay water bills

The effects of six consecutive years of record low interest rates - which have...

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...

PROFILES