Debt

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...

Grandparents at risk of over-generosity

A new study by Investec Wealth & Investment has found that parents and grandparents who gift...

Funeral costs increases “almost in line with house price rises”

The cost of an average, basic funeral in the UK has increased by 3.9%,...

Two-year high for severe tenant arrears

The number of tenants seriously behind on rent has risen to the highest level...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

National Friendly joins Primis panel

National Friendly's range of protection products are now available to advisers across the Primis...

‘AI challenges intermediation,’ warns FCA

The Financial Conduct Authority (FCA) has today released its long-awaited Mills Review, which sets...

Burnham’s property tax could hit mortgage lending, warns Maskells

A proposed proportional property tax backed by Andy Burnham could hit mortgage lending, tighten...

Des Moore joins Suffolk BS as non-executive director 

Des Moore, former Cumberland Building Society chief executive officer, will join the Suffolk Building...

PROFILES