Debt

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...

No payment holiday arranged for half of missed payments

Pepper Money has revealed that almost half of people who have missed payments on credit...

Over one million homebuyers with adverse credit

New research has found that an estimated 1.09 million people with adverse credit could...

FCA to propose limited mortgage deferral scheme

The Financial Conduct Authority (FCA) is to announce new measures for mortgage borrowers impacted...

Aviva launches new ‘Mid-Life MOT’ app

53% of people in their mid-life have never calculated when they can afford to...

COMMENT

Removing friction from the homebuying journey

One thing I keep hearing from our advisers is how much more work each case now generates, largely because so much of it involves...

Build, baby, build? Well we will need to fund more than the usual suspects

There was a noticeable sense of optimism at UKREiiF this year. That may sound surprising given the economic headwinds of recent years, but the...

Innovation in the lifetime mortgage market riding high

Innovation in the lifetime mortgage market has created real value for customers – there’s no excuse to ignore it. When a UK borrower reaches 55,...

How small and medium-sized lenders can fix the origination headache

We are constantly told that to fix the mortgage journey, we need to rip everything out and start again. That unless a lender replaces its...

A new PM brings a new opportunity to rethink housing policy

Politics, as it seems to do in recent times, has moved at remarkable speed over the last couple of weeks. In what feels like...

Latest news

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Renters face higher costs amid strong demand

Two in three (63%) recent movers ended up paying more rent than planned, as...

ModaMortgages cuts rates across limited-edition BTL range

ModaMortgages has announced a reprice of its limited-edition buy-to-let range, with rate reductions across...

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