Debt

FCA: debt firms still failing vulnerable customers

The Financial Conduct Authority (FCA) has published a thematic review which which states that...

Roma steps in to save client hundreds of thousands of pounds

Roma Finance has claimed to have saved a client almost £400,000 in a complex...

Precise Mortgages launches debt management plans

Precise Mortgages has unveiled a new exclusive debt management plan (DMP) mortgage available through...

North-South repossession gap “clearly closing”

The North-South divide in home repossessions closed by a fifth from 2013 to 2014,...

Social housing repossessions at lowest ever levels

Housing Association rents arrears policies are working according to Mobysoft, a rental data analytics...

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...

COMMENT

Mental health and the evolving role of mortgage advisers

Money worries rarely stay just about money. They affect sleep, confidence, relationships, and mental wellbeing - and for many people across the UK, mortgage...

Beyond the walk: Mortgage leaders talk mental health – part 16

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday last week as...

Why complex-income borrowers need more adviser support

The UK mortgage market has become more complex for borrowers, lenders and advisers alike. Higher rates, tighter affordability pressures and more varied working patterns...

Economic abuse: The warning signs every adviser should recognise

Taking out a joint mortgage is one of the most common ways for people to get onto the property ladder. For many, combining earning...

Beyond the walk: Mortgage leaders talk mental health – part 15

The Mortgage Industry Mental Health Charter's (MIMHC) third annual 144-mile Walk & Talk challenge finally came to an end on Friday last week as...

Latest news

Santander cuts rates across higher LTV fixed and tracker mortgages

Santander has reduced rates across a range of first-time buyer, home mover and remortgage...

West One raises core income multiples to 5.5 times

West One has increased loan-to-income limits across its core residential mortgage range and improved...

Equity Release Group launches adviser network

Equity Release Group has launched a specialist adviser network aimed at helping firms expand...

Gen H puts underwriters on front line of broker enquiries

Gen H has restructured its sales and underwriting teams in a move designed to...

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