Debt

Two-fifths of equity release proceeds used to clear debt

41% of all equity released in H1 2020 was used to pay off debts...

New FCA guidance over vulnerable consumers

The Financial Conduct Authority (FCA) has published new best practice guidance for firms to...

Debt charities call for action over IVA providers

The Money Advice Trust and StepChange Debt Charity say that changes proposed by the...

Debt breathing space proposals backed by charity

StepChange Debt Charity has firmly welcomed the publication of the draft regulations to implement...

Dudley: there are alternatives to mortgage holiday

The Dudley Building Society has stressed to brokers with Dudley mortgage customers, who might...

FCA takes court action against sale & rent back operations

The Financial Conduct Authority (FCA) has begun proceedings in the High Court against London...

FCA extends consumer credit payment freeze

The FCA has announced proposals to extend the payment freeze of consumer credit products...

Majority embarrassed to ask family for financial help

A new survey* conducted by Hodge has found that 56% of people are embarrassed...

Debt charity calls for long-term changes to support

A leading debt charity has warned that the Covid-19 crisis has revealed widespread financial...

Debt charities call for immediate household rescue package

Direct cash support for affected households, a pause on debt enforcement, and urgent support...

Three firms create Financial Wellness Group

The Financial Wellness Group has launched, with the mission of improving the wellbeing of...

Open Banking partnership for StepChange Debt Charity

StepChange Debt Charity has partnered with OpenWrks to bring the opportunities offered by Open...

First mortgage repossessions up but seconds down

Mortgage repossessions during the final quarter of 2019 increased by 11% year-on-year, continuing the...

Biggest rise in insolvencies for women over 65

The number of insolvencies amongst women aged 65 and over increased from 1,109 in...

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18 months of Inspired Lending: how we’ve grown alongside the bridging market

In December 2023, we completed our very first bridging loan. On the surface, it was a straightforward deal. But for us, it marked something...

Threadbare safety nets and the reassurance of life insurance for mortgagors

For first-time buyers who have managed to save enough for a deposit, there’s a lot to think about when searching for the perfect home....

How might Trump’s tariffs impact on mortgages in the UK?

With Trump’s tariff wars already sending financial markets yoyoing up and down and the likelihood that these trade wars will negatively impact both global...

Key holiday let tax changes: what brokers really need to know

The UK holiday let market has seen rapid growth in recent years, largely fuelled by the rise in staycations and favourable tax incentives. However,...

Positive signs of market changes are definitely visible

There are times when the market feels sluggish - waiting for something to give, for someone to blink first. And then there are times...

Latest news

Gatehouse Bank lowers rates for UK expats and overseas investors

Gatehouse Bank has reduced rental rates by up to 27 percentage points across its...

The Mortgage Works cuts rates once more

The Mortgage Works will make a further round of reductions to selected buy-to-let and...

Bank of Mum and Dad deepens divide in first-time buyer market

Family financial support is playing an increasingly decisive role in shaping the homeownership prospects...

The Brightstar Group marks mental health awareness week with community action

The Brightstar Group is throwing its full support behind Mental Health Awareness Week 2025,...
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