Debt

Payday loans funding housing costs

Thousands of Britons are turning to payday loans to hide rent or mortgage problems,...

OFT investigates ex-payday lender

The Office of Fair Trading has confirmed that it is investigating payday lender Web...

Couples keeping financial secrets

Couples are hiding savings, investments, debts and even income from one another, according to...

Call for tighter regulation of claims firms

Citizens Advice has welcomed new legislation to help consumers challenge unfair treatment by claims...

Brits keeping debts from loved ones

More than one fifth of UK adults have secret debts they’re hiding from their...

PPI claim firm sees text ad banned

An Advertising Standards Authority (ASA) adjudication has gone against Debt Specialists Ltd. A text message,...

Only 17% with debt issues seek help

New research suggest 8.8 million people in the UK live with serious debt problems,...

Debt Advisory Centre outlines rise in payday loan popularity

37% of Debt Advisory Centre’s (DAC) new clients in 2013 owe money to payday...

Arrears and repossessions decline

There was a further fall in the number of mortgages in arrears, as well...

Fall in second charge mortgage possessions

The number of second charge mortgage possessions in the third quarter of 2013 was...

North-south divide in repossessions most marked in six years

The North-South divide in repossessions has widened to its largest in six years, according...

Rent arrears could rise

Buy-to-let returns continue to improve, with a five year geared investor making a 6.52%...

Trio of debt management firms lose licences

The Office of Fair Trading (OFT) has removed the licences of three debt management...

HML pictures arrears scenario if rates rise in 2014

HML has undertaken analysis of the performance of approximately 100,000 mortgage accounts that were...

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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...