Debt

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...

Debt worries for half of UK adults

The economy is slow to recover from recession and as people continue to struggle...

Increase in ‘severe’ rental arrears

The number of tenants in severe rental arrears rose during the second quarter of...

OFT suspends a credit licence for the first time

The Office of Fair Trading (OFT) has today suspended, with immediate effect, the consumer...

House prices up and repossessions down

The April Market Trend Data from Land Registry shows that house prices were up...

Citizens Advice wants ban on financial services cold calling

Financial services providers such as claims management companies, pension unlocking services and credit brokers...

Regulator letting consumers down: CAB

Citizens Advice has lamented the new conduct rules for claims management companies, claiming they...

Property Reclaim outlines fixed pricing structure

PropertyReclaim.com has published its fixed pricing service in a move designed to improve transparency. Repossessions...

Competition to continue in remortgage market

25% of homeowners remortgaging an existing property in January increased the size of their...

OFT refuses to licence three debt management companies

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

Fall in average debt owed by this year’s retirees

18% of those planning to retire this year will have outstanding debts, averaging £31,200...

Fall in tenant arrears

There has been a fall in the number of tenants in severe arrears for...
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COMMENT

Later Life

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

Acquisitions

BetterHome agrees deal to acquire Stonebridge parent MSS

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

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,...
News

UK rent growth accelerates as supply pressures persist

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

Foundation widens mortgage criteria for borrowers with past credit problems

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

PROFILES