Debt

Debt among over-55s becoming more common

39% of over-55s revealed that their outgoings exceeded their income during parts of 2022,...

Adverse borrowers upping their unsecured debt

A third of people with adverse credit say the level of their unsecured debt...

Lack of awareness of support for those in financial difficulty

Bluestone Mortgages has revealed that 16% of people would be too embarrassed to seek...

Younger generation taking on more debt due to cost of living

Two-thirds of those aged between 18 and 34 years old say they have taken...

Struggling consumers urged to seek help with financial difficulties

The Financial Conduct Authority (FCA) and MoneyHelper are urging consumers to get help as...

Broker searches being affected by cost of living crisis

Knowledge Bank has revealed that the cost of living crisis is impacting borrowers as...

Money fears behind financial services’ phone call boost

The rising cost of living is causing an increase in inbound phone calls for...

Increase in more severe forms of adverse credit

There has been a rise in the number of people who have experienced more...

Cost-of-living squeeze having effect on mortgage searches

Legal & General Mortgage Club has reported that overall mortgage search volumes by advisers...

Virgin Money integrates new affordability platform

Virgin Money has made changes to the way customers who have fallen into arrears...

FCA wants ban on debt packager referral fees

The Financial Conduct Authority (FCA) has issued proposals banning debt packager firms from being...

Self-employed homeowners having debt difficulties

A third of self-employed homeowners have increased their unsecured debts and a quarter have...

Debt burden for one in three 2021 retirees

32% of people retiring in 2021 will be doing so in the red, according...

FCA targets debt packager firms

Following an FCA review of the practices of debt packager firms, five firms have...
1...678...39Page 7 of 39

COMMENT

Later Life

Underwriting: Are we saying “no” to the wrong risks?

Over the last two days I’ve talked about the size of the later life lending market and the knowledge gap that still exists around...

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...

Latest news

Cover

Eleos partners with Homebox to target underserved renters

Eleos has partnered with household bills platform Homebox to offer life insurance and income...
Advice

Mortgage anxiety rises as one in five lack financial safety net

The proportion of UK adults apprehensive about making mortgage decisions has risen from 15%...
Housing

Vince Cable gives cautious welcome to station-led planning reforms

Sir Vince Cable has given a cautious welcome to government plans to streamline the...
Appointments

Beverley BS appoints Pattinson as non-executive director

Beverley Building Society has appointed Jonathan Pattinson as a non-executive director as the mutual...

PROFILES