Debt

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...

No payment holiday arranged for half of missed payments

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