Debt

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...

Debt fears causing mental health issues

34% of UK adults worry about their debts either ‘often’ or ‘all of the...

FCA outlines final consumer credit rules

The Financial Conduct Authority (FCA) has confirmed the final rules that will govern the...

One in ten get CCJ over missed bill payments

MoneySuperMarket's latest 'Bill Barometer' claims Britons have missed 15 million bill payments worth a...

Firms making progress with arrears management, says regulator

The Financial Conduct Authority (FCA) has reported that firms have improved their mortgage arrears...

Year-on-year rise in second charge repossessions

Second charge mortgage repossessions fell in the final quarter of 2013 by 29.7% to...

Repossessions at 2007 levels

The number and proportion of mortgages ending in repossession was lower in 2013 than...

January and February top months for debt calls

The Debt Advisory Centre has revealed that 28% of people who sought debt help...

Debt firms have CCLs withdrawn by regulator

The Office of Fair Trading (OFT) has refused to renew the consumer credit licences...

Average amount of retirees’ debt continues to fall

17% of those planning to retire this year will have debts outstanding, averaging £24,800...

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...

COMMENT

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...

Advisers need an answer for evolving landlords

It’s a tough time to be a landlord. The succession of changes to tax and regulation made in recent years - with the Renters’...

Latest news

BetterHome agrees deal to acquire Stonebridge parent MSS

BetterHome Group has agreed to acquire Mortgage Support Services Ltd (MSS), bringing Stonebridge Mortgage...

UK house price growth slows to 2% amid cautious market

Average UK house prices increased by 2% to £272,000 in the year to June,...

UK rent growth accelerates as supply pressures persist

Average UK private rents rose by 3.7% to £1,393 a month in the year...

Foundation widens mortgage criteria for borrowers with past credit problems

Foundation has relaxed its residential credit criteria to support borrowers rebuilding their financial position...

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