Loans

UK heading for negative inflation

The governor of the Bank of England has warned that inflation could turn negative...

FLA: second charge repossessions down 36% year-on-year

The number of second charge mortgage repossessions was 447 in 2014, the lowest level...

HML predicts repossession rate of 0.20% this year

HML has forecast that there will be 20,606 residential property repossessions in 2015. The forecast comes as the...

New multimillion pound funding round for Borro

Borro has raised £13 million in funding, led by OurCrowd and Rocket Internet, to...

Largest growth in ‘extra’ consumer debt for a decade

UK households took on an average of £395 of additional consumer debt in 2014,...

Strong end to the year for secured lending

Loans Warehouse has reported that secured lending totalled £635.8 million in 2014. December's lending was...

Food and travel funded by payday loans

44% of people who took out a payday loan in the last 12 months...

New BDM for 1st Stop Group

1st Stop Group has appointed a new business development manager, Laura Walters.  She joined 1st Stop...

Consumer finance grew by 9% last year

The Finance & Leasing Association (FLA) has released figures that consumer finance new business...

Pancredit hires sales manager

Pancredit has appointed Sarah Jackson as sales manager for London and the South. Jackson has...

Openwork partners with Enterprise Finance

Openwork has signed a new partnership agreement with master broker Enterprise Finance. The network has around 3,000...

Equity release customers funding home improvements

Key Retirement's 2014 Equity Release Market Monitor shows 63% of customers – compared with 58%...

Brightstar appoints BDM

Brightstar has appointed Nathan Ellis-Calcott to its external sales team. He will be tasked with...

Europe’s loan portfolio market to top €100bn this year

European loan portfolios with a face value of €91bn were sold in 2014, up...

COMMENT

Industry pushes to build next generation of home valuers

According to RICS, the average qualified surveyor is in their mid-fifties. Couple this with new entrant numbers failing to keep pace with retirements, and...

Supply side continues to drive the change agenda

Regulatory change is no longer something firms respond to periodically. It is now a permanent feature of the landscape. Whether it is capital treatment...

Searching for sunny uplands

There is a growing sense, shared quietly in boardrooms and rather less quietly over kitchen tables, that the UK has lost a degree of...

How advisers can find and secure powerful introducers to grow their business – Pt2

I hope you found my earlier article useful and enlightening and if so, please read on, as in this piece I complete the steps...

What building the future means for mortgages

Earlier this month I attended the Abundance 360 summit in Los Angeles, Peter Diamandis’s annual gathering of entrepreneurs, scientists, tech CEOs and investors who are,...

Latest news

MorganAsh launches calculator to help firms estimate scale of customer vulnerability

MorganAsh has launched a calculator designed to help financial services firms gauge how many...

Average mortgage rate reaches 5.50% as market reprices

The average mortgage rate tracked by Moneyfacts has climbed to 5.50% for the first...

RSM UK urges action as house price growth stalls and transactions fall

RSM UK is calling for stamp duty reform and more support for first-time buyers...

Clydesdale Bank raises selected residential and buy-to-let rates

Clydesdale Bank is increasing a number of residential and buy-to-let product transfer rates from...

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