Debt

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...

HSBC shows “worrying picture” of UK’s savings

33% of people in the UK – or 8.5 million households – have £250...

Record pre-tax profits for Virgin Money

Virgin Money has posted its results for 2014, with underlying pre-tax profits rising by...

Many January remortgagors paying off Christmas debts

62% of remortgage customers in January remortgaged to take advantage of the new lower...

COMMENT

Cashback, remortgages and adviser opportunity in 2026

A recent flood of mortgage products into the market offering cashback prove it has moved from the margins of the remortgage market to the...

Autonomous AI is waiting for us

The UK rightly prides itself on having one of the most respected financial services sectors in the world but even strong markets benefit from...

TOM BILL: Rate cut expectations fade amid mixed signals

Borrowing costs have risen in recent weeks for reasons that include stronger-than-expected UK economic data and tempering the outlook for cheaper mortgages. However, an uncertain...

Think you know CeMAP? Maybe it’s time to think again

Anyone who wants to work as a mortgage adviser in the UK needs to hold qualifications that are recognised by the FCA and, for...

Second charge mortgages set for another strong year in 2026

A few weeks into 2026, the direction of travel for the second charge mortgage market is already clear. Momentum has carried over from last...

Latest news

Accounts manager jailed after £767k theft from Newcastle panel management firm

A senior employee at Newcastle-based Pure Panel Management has been jailed after embezzling more...

Cambridge BS opens new funding round for local housing and homelessness projects

The Cambridge Building Society has opened applications for its Community Fund, continuing its commitment...

Assetz Capital expands development finance offering

Assetz Capital has updated its development finance proposition to allow planning gain and residual...

MIMHC offers free mental health first aid training

The mortgage and property finance sector is rolling out a series of free mental...

PROFILES