Debt

Homeowners look to consolidate debt as credit card spending grows

As of January 2023, a staggering £63.9 billion was outstanding on credit cards, following...

Homeowners looking for ways to pay off costlier debts

Evolution Money has published the latest results from its quarterly data tracker, which reviews...

Hodge sees sharp rise in over-50s taking mortgages for debt consolidation

New data from specialist lender Hodge shows a significant increase in the number of...

FCA to go ahead with debt packager referral fee ban

The Financial Conduct Authority (FCA) is to move forward with proposals to ban 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...

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How might Trump’s Tariffs impact on mortgages in the UK?

With Trump’s tariff wars already sending financial markets yoyoing up and down and the likelihood that these trade wars will negatively impact both global...

Key holiday let tax changes: what brokers really need to know

The UK holiday let market has seen rapid growth in recent years, largely fuelled by the rise in staycations and favourable tax incentives. However,...

Positive signs of market changes are definitely visible

There are times when the market feels sluggish - waiting for something to give, for someone to blink first. And then there are times...

Finding solutions for borrowers when others can’t

Catering to the needs of borrowers with an extremely complex or adverse credit history is an area of the mortgage market that is often...

Good advice key for remortgaging landlords

The buy-to-let sector has remained resilient in the face of mounting tax bills, legislative burdens and the elevated interest rates of recent years, and...

Latest news

Countrywide Surveying Services launches data-driven engine for faster, smarter valuations

Countrywide Surveying Services has unveiled a new valuation decisioning platform aimed at transforming the...

OMS and Monument Technology join forces to deliver integrated lending platform

One Mortgage System (OMS) has partnered with Monument Technology in a move designed to...

StreamBank expands regional reach with new BDM for Midlands, Wales and the West

Specialist lender StreamBank has appointed Amy Robinson as business development manager for the Midlands,...

How might Trump’s Tariffs impact on mortgages in the UK?

With Trump’s tariff wars already sending financial markets yoyoing up and down and the...
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