Debt

Versatile approach essential to help clients looking to consolidate debts

It’s been a difficult couple of years for the nation’s finances. The pandemic put...

Rise in borrowers in debt for the first time

As borrowers’ disposable incomes continue to dwindle, it will only be a matter of...

Debt among over-55s becoming more common

39% of over-55s revealed that their outgoings exceeded their income during parts of 2022,...

Adverse borrowers upping their unsecured debt

A third of people with adverse credit say the level of their unsecured debt...

Lack of awareness of support for those in financial difficulty

Bluestone Mortgages has revealed that 16% of people would be too embarrassed to seek...

Younger generation taking on more debt due to cost of living

Two-thirds of those aged between 18 and 34 years old say they have taken...

Struggling consumers urged to seek help with financial difficulties

The Financial Conduct Authority (FCA) and MoneyHelper are urging consumers to get help as...

Broker searches being affected by cost of living crisis

Knowledge Bank has revealed that the cost of living crisis is impacting borrowers as...

Money fears behind financial services’ phone call boost

The rising cost of living is causing an increase in inbound phone calls for...

Increase in more severe forms of adverse credit

There has been a rise in the number of people who have experienced more...

Cost-of-living squeeze having effect on mortgage searches

Legal & General Mortgage Club has reported that overall mortgage search volumes by advisers...

Virgin Money integrates new affordability platform

Virgin Money has made changes to the way customers who have fallen into arrears...

FCA wants ban on debt packager referral fees

The Financial Conduct Authority (FCA) has issued proposals banning debt packager firms from being...

Self-employed homeowners having debt difficulties

A third of self-employed homeowners have increased their unsecured debts and a quarter have...

Latest POLL

COMMENT

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information website Moneyfacts publishes a regular update on mortgage product numbers,...

Why it matters that bridging hit more than £10bn last year

We see many numbers bandied around in the financial industry, which can sometimes have a numbing effect. So why should we all, especially brokers, care...

Top five reasons why renters should consider short-term protection insurance

In an unpredictable world, financial security can often feel like a luxury, especially for renters who may already juggle living expenses, rent payments, and...

Credit search vs credit scoring

The terms credit score and credit check are often used interchangeably by consumers, many of whom assume they mean the same thing. Yet understanding...

It’s not just about work/life balance

Firstly, it was good to get feedback on last month’s blog on technology from several people, and to see a spin-off follow-up blog from...

Latest news

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...