Debt

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...

Serious rental arrears numbers improve

The total number of tenants in serious rental arrears fell by 9% over the...

One-tenth still paying off last year’s Xmas debt

10% of adults in the UK are still paying back the debt they built...

Council Tax Advisors CIC in recruitment drive

Council Tax Advisors CIC is expanding as local authorities around the country find council...

£4m fine for the Yorkshire

The Financial Conduct Authority has fined Yorkshire Building Society (YBS) £4,135,600 for failings when...

Many expect to use pension to pay off mortgage

Over half a million 40-70 year olds in England intend to use part or...

LBG expands support for credit unions across Yorkshire

Lloyds Banking Group is expanding its scheme to support people to access and benefit...

Many SMEs don’t manage cashflow properly

36% of SMEs are unable to say how much they have outstanding, according...

Magellan Homeloans appoints debt charity partner

StepChange Financial Solutions has been appointed by Magellan Homeloans to advise clients about its...

Payday loan rejects should be given debt advice

Citizens Advice has said that payday lenders should seize the opportunity to point people...

People in the dark over debt collection

A new survey conducted on behalf of debt advice and solutions provider Debt Advisory...

Money woes haunt nearly half of all UK adults

43% of the UK adult population have worries about making ends meet each month,...

COMMENT

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

The blind spot: residential advisers and the over-55 customer

Yesterday I talked about the supportive nature of the equity release and later life lending community and the fact that collaboration is one of...

The uncomfortable truth about the later life lending market

The headlines around the latest Equity Release Council figures released this month all suggested growth. But I think we need to have an honest...

Are we actually set up to support first-time buyers?

After a summer spent thinking it over, this time of year is often the point where first time buyers decide whether they're going to...

Leasehold reform has a September window – will Burnham use it?

At the time of writing, the Commonhold and Leasehold Reform Bill still has no published First Reading date.  But is it imminent? Andy Burnham entered...

Latest news

Foundation raises income multiples for higher-earning mortgage borrowers

Foundation Home Loans has increased the amount higher-earning residential borrowers can access under changes...

Wealthy Advisers Club funds £997 wellbeing retreat place to MIMHC

The Wealthy Advisers Club has donated a fully funded place at its inaugural Digital...

Access FS mortgage business rises 46.8% in record July

Access Financial Services recorded its strongest month for mortgage business in July, with activity...

LiveMore launches mortgage podcast for brokers and advisers

LiveMore has launched a podcast series covering developments in the specialist and later-life lending...

PROFILES