Debt

FCA sounds warning over debt management trio

The Financial Conduct Authority (FCA) is warning customers of three debt management firms to...

Money Advice Services increases free debt advice budget

The Money Advice Service has announced a £4 million year-on-year increase in funding for...

Repossessions and arrears down

There was a fall in the first quarter of this year in the number...

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...

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COMMENT

When service beats software: why hands-on support is the real differentiator in conveyancing

For all the talk about technology reshaping the mortgage and conveyancing world, advisers know that what you often need is some good, old-fashioned support. Not...

Future-proofing your lead generation

Leads are the lifeblood of any mortgage intermediary business, and while word-of-mouth referrals remain the gold standard - bringing trust and proof of quality...

We need clearer guidance on Stamp Duty advice

Just over a week ago Angela Rayner resigned following the discovery of a Stamp Duty breach on a flat she owns in Hove. She...

AI could make obsolescence obsolete and slash global e-waste

For decades, technology has been trapped in a cycle of forced obsolescence. Each year, a new iPhone or Android release quietly renders last year’s...

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Latest news

Landlords shift away from five-year fixes as remortgage choices diversify

Buy-to-let landlords are increasingly looking beyond the traditional five-year fixed mortgage, with new research...

Just Mortgages’ self-employed push attracts surge of new advisers

Just Mortgages’ New Starter Boost initiative, launched in January, has seen strong early demand...

Londoners still pay highest premiums for homes near stations

Londoners continue to pay the steepest premiums in the UK to live close to...

TMG unveils AI-led mortgage and protection proposition for advisers

TMG Mortgage Network has launched a new mortgage and protection proposition that places artificial...