Debt

FCA targets debt packager firms

Following an FCA review of the practices of debt packager firms, five firms have...

Quarter of employees made bad debt decisions during pandemic

24% of employees say they made a bad decision about debt during the pandemic,...

Credit limit reduction prompts debt consolidation conversation

You may have seen the news recently that Barclaycard has cut the credit limits...

Two debt firms see Facebook ads banned by watchdog

The Advertising Standards Authority (ASA) has told two debt management firms that it cannot...

Over-55s’ unsecured debt a growing problem

Unsecured debt is a major issue for older homeowners, according to new data analysis...

Smart Money sees increasing Covid-related consolidation

Specialist packager and distributor, Smart Money, has reported a rise in broker enquiries for...

Covid costs compounded by SVR rollover

19% of homeowners haven't been able to remortgage their home since the Covid pandemic...

Renters at risk of eviction due to Covid rent debts

A leading debt charity has warned that when restrictions are lifted, 150,000 private renters...

The Leeds extends arrears fee moratorium

The Leeds Building Society is extending its suspension of arrears fees until the end...

Think tanks warns of 770,000 at risk of repossession

The Social Market Foundation has revealed that nearly 800,000 households could be vulnerable to repossession...

FCA finalises mortgage repossession guidance

The Financial Conduct Authority (FCA) has finalised its guidance on repossessions for mortgages and...

FCA proposes repossession moratorium until 1 April

FCA proposes update to guidance on mortgages and consumer credit repossessionsThe FCA has published...

Covid hitting adverse credit customers the hardest

A new study for Pepper Money has found that the finances of customers with...

Money woes causing lost sleep

Adults are more than twice as likely to feel anxious about their finances than...

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Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis, bridging finance was a much more nascent product than it...

Passing the affordability exam

As teachers and students of various ages have spent August nervously opening exam results following years of study that will determine their ability to...

Investors are changing their approach – and lenders should too

The buy-to-let market never stands still, but the pace of change in recent years has been remarkable. The days of the so-called ‘accidental landlord’,...

Leasehold fees, specialists and the need to shop around

Leasehold properties account for around 20% of all dwellings in the UK, and while that figure may change in the future with government legislation...

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of a client’s life. Later life lending sits firmly in that...

Latest news

Rightmove warns property tax reforms could stall housing market

Rightmove has warned the government that proposed changes to property taxation risk distorting the...

Bradford retains crown as UK’s leading property hotspot

Bradford has once again been named the country’s most in-demand housing market, topping OnTheMarket’s...

Keystone reduces expat buy-to-let rates and adds new product

Keystone Property Finance has reduced rates across its expat buy-to-let range, cutting selected fixed...

Gatehouse cuts buy-to-let rental rates and eases paperwork

Gatehouse Bank has cut rental rates by 0.25% across its buy-to-let purchase plans for...