Debt

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...

Millions borrowing to pay debts

Two million people borrowed money to make a repayment on an existing debt in...

Many don’t understand the implications of joint borrowing

Research by Debt Advisory Centre suggests that many people are signing up for joint...

7% never expect to be debt free

Certain borrowers are finding themselves stuck in a downward debt spiral according to price...

Increase in homeowners with debt problems

Latest figures from Debt Advisory Centre suggest the number of homeowners getting help with...

Small fall in repossessions

The number of properties taken into possession by mortgage lenders declined in the second...

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COMMENT

The nightmare of UK homebuying needs reform

House sellers will be forced to disclose problems with their homes before sale under plans by the Government to cut costs for buyers and...

Goldilocks and the three bear markets

Are you familiar with C/2025 N1 (ATLAS) or you might know it by its nickname 3I/ATLAS? Whatever you want to call it,  it is currently...

Mark Bogard on policy, politics and the future of advice

When Mark Bogard, Chief Executive of Family Building Society, talks about Britain’s housing policy, he is unsparing in his assessment: short-termism, revolving-door ministers and...

Finding efficiency will keep branches as the beating heart of mutual sector

Whether you speak to customers or building societies, they will tell you just how important branches are – even as financial services and wider...

Mortgages, mutuality, members and making a difference

Anyone working in the mortgage market knows that a key area of our measurement is sales. How many cases we complete, the value of...

Latest news

Rising sick leave issues as long-term absence costs top £2k per worker

The majority of UK businesses are increasingly anxious about the impact of sickness absence...

Movera strengthens people and culture team with two senior appointments

Home moving brand Movera has expanded its human resources leadership team with two new...

Housing market stalls as buyers and sellers pull back ahead of Budget

Britain’s housing market has stalled for a third consecutive month as uncertainty over next...

First-time buyer homes outpace wider market as affordability improves

First-time buyers are paying more for their homes than they were a year ago...