Debt

Citizens Advice: payday loans lead to “long term nightmare”

One in four people coming to Citizens Advice have a debt problem, the charity...

New hire for Norton Broker Services

Norton Broker Services has recruited Andrew Bonner to join Neil Organ and Lee Schofield...

The North bearing brunt of repossessions

Latest research from the Charlbury Group has shown the regional split in repossessions across...

Nearly 4m on financial knife-edge

A Shelter survey of working adults who pay rent or a mortgage found that,...

Magellan suggests financial awareness initiative

Magellan Homeloans is calling on the financial services sector to develop a Financial Awareness...

Nearly half of all Brits would need to credit to pay large bill

Over half of UK families and individuals feel confident that, faced with an unexpected...

Rise in numbers paying for energy on credit

New research for Debt Advisory Centre has found that in February 2014, 18.9% of...

Many expect debts to worsen post-Budget

Nine million households believe their debts are going to increase following the recent Budget,...

Tenant arrears situation improving

Tenants struggling with late rent have made significant progress in the last 12 months,...

Sharp rise in problems associated with housing debt

A growing number of people are turning to Citizens Advice for help dealing with...

Tenet explains position over consumer credit regulation

In light of the Financial Conduct Authority taking over responsibility for regulating consumer credit...

Nearly 30% cleared all debts over past year

Latest figures from Equifax suggest that consumers are managing their debts despite the cost...

Payday loan collection practices to be scrutinised

Payday lenders and other high cost short term lenders will be the subject of...

Void periods becoming less frequent for landlords

Research commissioned by Paragon Mortgages has found that landlords are seeing that the incidence...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

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