Debt

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...

Hinckley & Rugby advances up 8% last year

The Hinckley & Rugby Building Society's mortgage advances rose by 8% to £111.9 million...

FLA: second charge repossessions down 36% year-on-year

The number of second charge mortgage repossessions was 447 in 2014, the lowest level...

Repossessions at lowest level since 2006

The number of repossessions fell to 21,000 in 2014 - 26% fewer than the...

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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