Debt

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...

Citizens Advice: families evicted “on whims of private landlords”

Half of people seeking help from Citizens Advice about being evicted from their privately...

Tenants getting on top of their finances

Tenants have been paying down rent arrears despite a new record for monthly rents...

Mortgage arrears and repossessions continue to decline

There was a continuing reduction in the number of both repossessions and mortgages in...

Debt forcing couples to delay off starting a family

New research conducted on behalf of Debt Advisory Centre (DAC) found 14% of respondents...

35% have less than one month’s income saved

50% of the UK population have less than two months’ income,in savings, which, based...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

PROFILES