Debt

Rents up annually despite December fall

There was been a 3.0% rise in rents during 2014, despite falling on a...

Research highlights debt implications of funerals

More 40% of people think their families would be unable to cover the cost...

Borrowers spend c.20% of take home pay on debt repayments

7% of people who have unsecured borrowings are spending 50% or more of their...

IMLA calls for a coherent housing strategy

The Intermediary Mortgage Lenders Association (IMLA) has called for a root and branch review...

North West remains the repo capital of the country

There was a closing in the North-South divide in home repossessions over the past...

7% rise in tenants in serious arrears

There has been an annual rise in the number of tenants falling into serious...

Welcome drop in financial anxiety

There has been a fall for the first time in three years in the...

Three-quarters not putting cash aside for rate rises

61% of homeowners are uncertain when UK interest rates might rise, according to research...

Debt management firm to pay redress to 4,500 customers

Debt management firm Harrington Brooks will voluntarily pay over £185,000 in redress to over...

Over 33% of credit reports contain errors

Mistakes on credit reports could wrongly be contributing to millions of British consumers being...

BoE looks at outcome of two percentage point base rate rise

In its latest Quarterly Bulletin, the Bank of England has estimated that only...

Research shines a light on deliberate non-payers

A YouGov survey of 2,010 people for Equifax found that 16% of Britons have...

Debts rising as people struggle to cover everyday costs

Denbighshire, Merthyr Tydfil and Stoke on Trent are the top three locations where the...

Credit card debt a huge problem, says Citizens Advice

Citizens Advice has revealed that it helps with 14,000 credit card debt problems a...

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Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis, bridging finance was a much more nascent product than it...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results following years of study that will determine their ability to...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years has been remarkable. The days of the so-called ‘accidental landlord’,...

Leasehold fees, specialists and the need to shop around

Leasehold properties account for around 20% of all dwellings in the UK, and while that figure may change in the future with government legislation...

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of a client’s life. Later life lending sits firmly in that...

Latest news

Molo cuts UK resident buy-to-let rates

Molo has reduced its standard buy-to-let fixed rates for UK resident landlords. The changes mean...

Jitty launches mortgage-linked budget calculator with L&C

Jitty, the AI-driven homebuying platform, has teamed up with L&C Mortgages to launch what...

Pivotal Growth names new group chief executive

Pivotal Growth, the mortgage broker consolidator, has appointed Mayank Prakash CBE as its new...

StreamBank completes £455k bridge for holiday let purchase

StreamBank has completed a £454,790 bridging facility to fund the purchase of a holiday...