Brexit uncertainty is to blame for falling mortgage numbers

John Phillips, group operations director at Just Mortgages and Spicerhaart, says the latest UK Finance figures show that Brexit uncertainty continues hit...

StepChange research shows 4 out of 5 people feel better just three months after advice

To celebrate Talk Money Week (12-18 November), StepChange Debt Charity can reveal new evidence from clients about how taking debt advice is helping them feel...

Consumer car finance market falls by 7% in September

New figures released today by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance...

Consumer finance new business falls by 1% in September

New figures released today by the Finance & Leasing Association (FLA) show consumer finance new business fell by 1% in September, compared with the same...

Asset finance market reports new business stable in September

New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in...

Borrowers being let down because the mortgage industry is “not fit for purpose”

The mortgage industry is failing to keep up with modern borrowers’ needs, it has been claimed, after a new survey revealed more than half were rejected for...

Hanley Economic BS launches RIO mortgage range

Hanley Economic Building Society has launched a range of retirement interest-only (RIO) mortgages to support borrowers and intermediaries in their later life...

One in five Brits would never inform a partner of their debt situation

Almost one fifth of Brits (19%) would never inform a partner of their debt situation, according to new research by Equifax, the consumer and business insights...

New report to build evidence base for Government’s dormant accounts financial inclusion initiative

The Big Lottery Fund, the UK’s largest community funder, has today published a new report that will help build the evidence base for the Government’s...

Steve Cox joins Fleet Mortgages as Distribution Director

Fleet Mortgages, the buy-to-let and specialist lender, has today (5th November 2018) announced that Steve Cox has joined the business as its new Distribution...

TransUnion Announces Agreement to Sell Noddle Business to Credit Karma

TransUnion, the global risk and information solutions provider, has announced today an agreement to sell its Noddle business, the UK-based free-for-life credit...

Advisers urged to help landlords with potential fallout HMO licensing changes

Advisers have been urged to help those landlords who may be receiving letters from lenders about their mortgages, following the recent changes to the HMO...

FCA’s mortgage market study final report due Spring 2019

The industry should not expect the FCA’s Mortgages Market Study Final Report and recommendations until Spring 2019 at the earliest. That was the view of a...

Government ‘Breathing Space’ plans – comment

Commenting on the news that the Government has launched a consultation on introducing a “breathing space” for indebted individuals, Stuart Frith, President...

TransUnion responds to the Autumn Budget and what it means to lenders

George Robbins, director of financial services at TransUnion (formerly Callcredit) responds to the Autumn Budget: “While the Autumn Budget revealed...

Bankruptcies expected to continue rising

The number of people being declared bankrupt is expected to increase throughout the rest of 2018 in England and Wales, top 20 UK business services firm Wilkins...

Hometrack: ‘House prices falling across 63% of London local authorities’

House prices in nearly two-thirds (63%) of London local authorities have fallen year-on-year but the proportion of markets registering a decline in values is...

‘Welcome action’ on tackling problem debt

The Money Advice Trust has responded to today’s Budget, which it says includes ‘welcome action’ on tackling problem debt, including new details of the...

Today’s budget shows it’s time to get the raincoats ready

Ian Larkin CEO of Target Group reacts to the UK Budget and economic uncertainty: “The Budget today shows that the Chancellor expects GDP growth to be weak....

Money Advice Trust comments on expected No-Interest Loan Scheme and Breathing Space announcements

The Money Advice Trust, the charity that runs National Debtline and Business Debtline has welcomed signs that today’s Budget is expected to include the...

Used car finance and personal loans: latest Bank of England report gives dealers the opportunity to bridge the gap

Changing appetites towards risk in unsecured lending look set to continue, opening up opportunities for used car dealers to tap into a £58bn market...

Disruptive UK comparison website celebrates 2 million visitors

MONEYGURU.COM, based in Macclesfield, is celebrating 2 million visitors; coinciding with the company’s second birthday in September 2018. Moneyguru.com,...

Users of money management tech have double the national average of savings and overall wealth

Analysis of high level anonymised data from Moneyhub, a financial insights platform for individuals and enterprises, finds users have almost double the...

GLAS focus on growth with new CEO appointment and creation of President’s ambassadorial role

The leading independent global loan administration agent and trustee, GLAS, has announced the appointment of a new CEO, Steven Hodgetts, taking over from...

The Money Statistics October 2018

Striking Numbers 93: Number of times per second LINK cash machines used across the UK in September 2018 £58,776: Average total debt per UK household in August...

Rental payment history should be considered in lending decisions say 80% of consumers

Online research from Equifax, the consumer and business insights expert, reveals Brits want lenders to take factors, such as rental payment history, into...

Property gloom hits England & Wales

The LCPAca Residential index provides a comprehensive dataset, tracking residential property prices and transactions within England & Wales, Greater London...

Studio revenue up by 8%

Findel, the online value retailer and education supplies business, gave the following post-close trading update ahead of its interim results announcement of...

The National Credit Regulator issues a public warning about Charis Financial Services

The National Credit Regulator (NCR) has issued a public warning against Charis Financial Services, an unregistered credit provider, conducting business in...

Connect for Intermediaries launches unsecured lending panel

Connect for Intermediaries has launched a new unsecured lending panel for business loans. CEO Liz Syms announced the news at Connect’s 20th Anniversary...

Personal finance ‘paralysis’ costs UK consumers £18.7 billion per year

Personal finance ‘paralysis’ costs UK consumers £18.7 billion per year, according to new research from Freedom Finance. Freedom Finance, the fintech...

Shieldpay awarded Innovate UK grant to transform real estate transactions

Shieldpay, the secure payments provider, today announces it has been awarded an Innovate UK grant. The funding will be used to scale up Shieldpay’s Third...

Poor budgeting leaves people struggling to pay credit card debt

People over the age of 45 who have failed to make debt repayments are three times more likely than under 25s to have a credit card balance not settled in full...

TransUnion commentary on the FLA figures released on Friday

Commenting on the FLA’s consumer finance new business statistics for August 2018, Asia Anwar, account director – lending, TransUnion (formerly...

Second charge mortgage market reports volumes up by 6% in August

Commenting on the August 2018 new business figures for the second charge mortgage market, Geraldine Kilkelly, Head of Research and Chief Economist at the...

Consumer finance new business up by 10% in August

New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in August grew by 10% compared with the same...

StepChange debt statistics mid-year update

New statistics published today [4 October] by StepChange Debt Charity lay bare the alarming scale and changing nature of problem debt in the UK. They show that...

Retirement finance specialist, Age Partnership appoints new board member

The UK’s leading retirement finance specialist Age Partnership has appointed David Wing to its board. David’s new position, risk and compliance director,...

StepChange Debt Charity comments on latest Bank of England consumer lending figures

Responding to the latest Bank of England Money and Credit statistical release showing that the annual growth rate of consumer credit slowed in August, to 8.1%,...

StepChange reveals new strategy to double the number of people helped by 2022

StepChange Debt Charity today publishes a new four-year strategy that sets out an ambition to double the number of people it can help by 2022 and, for the...

Labour’s plan to ban credit card betting stands to save consumers £545 million on fees and interest

Commenting on Labour Deputy Leader Tom Watson’s call for a ban on using credit cards to gamble, Alastair Douglas, CEO of Free Credit Report provider and...

The Money Stats September 2018 – Public Sector Improvements Mask Household Debt Concerns

Striking Numbers £19.97: The fall in Debt growth per adult in June £58,658: Average total debt per UK household in July 2018 £32,220: Average student debt...

Fleet Mortgages celebrates 4th birthday

Fleet Mortgages, the buy-to-let and specialist lender, is today celebrating its 4th birthday having launched on this day in 2014. During that period, the...

Interest Rates: 74% decrease in tracker mortgage interest following August rate rise

There was a sharp fall in the number of consumers shopping for tracker mortgages in August following the rise in interest rates, new analysis from Experian has...

Money Advice Trust appoints Vineeta Manchanda and Rebecca Wilkie as new trustees

The Money Advice Trust, the charity that runs National Debtline and Business Debtline, has appointed Vineeta Manchanda and Rebecca Wilkie as members of its...

StepChange comment on Help to Save

Following a successful pilot, StepChange Debt Charity is pleased that the Government has today announced that the new Help to Save scheme is now available...

Together delivers strong full year results with continued record lending levels

Together, one of the UK’s leading specialist secured lenders, has announced strong growth and record levels of lending in its results for the year ended 30...

NAO report on problem debt ‘hits the nail on the head’

The Money Advice Trust, the charity that runs National Debtline, has today welcomed the National Audit Office’s (NAO) report into tackling problem debt. The...

Changing Credit Conditions Can Favour Dealer Finance

Consumer confidence is vital to car buying and the recent rise in the UK Base Rate to 0.75% could dent this confidence, given an estimated 80% of car buyers...

StepChange responds to NAO report on how much debt costs the state

StepChange Debt Charity today responds to a new official report showing that problem debt costs the state almost a quarter of a billion pounds every year, for...

Conveyancing Association member firms make shortlist for second annual ESTAS Conveyancing Awards

The ESTAS Group – which highlights the best firms for customer service involved in the home-moving process – has today (5th September 2018) revealed...

Experian to launch “real rates” in the credit card market to boost transparency

Experian is introducing a “real rates” service to the credit card market so consumers will now know exactly what deal they’ll be getting. In a...

‘Smaller but trickier’ debts causing problems for households as demand for debt advice rises

People are increasingly struggling with ‘smaller but trickier’ debts on everyday household bills, according to new figures from National Debtline, run by...

Building society sets out vision for the future with new identity

Building on its strong year-end results, Earl Shilton Building Society is revolutionising its brand identity to attract a wider audience and express the...

StepChange Debt Charity comments on latest Bank of England consumer lending figures

Responding to the latest Bank of England Money and Credit statistical release showing that the annual growth rate of consumer credit slowed in July, to 8.5%,...

Comment on the UK Finance lending update for July

Richard Pike, sales and marketing director at Phoebus Software, says “July is, of course, a traditionally busy month in the property world, and it is...

Money Advice Trust launches revamped CASHflow tool

The Money Advice Trust has today announced the launch of the updated CASHflow resource, an online tool which enables people to self-manage their debts, with...

Trade bodies line up to debate mortgage market at FSE London

Front Events, organisers of Financial Services Expo (FSE) London, the premier exhibition for the financial services industry in London & the South East,...

Financial Ombudsman Service reminds banks to treat fraud victims fairly

The Financial Ombudsman Service has told banks they should take into account the evolution and sophistication of frauds and scams – and not simply assume...

IHS: “Figures should be taken with a pinch of salt”, Moneyhub

Samantha Seaton, CEO of Moneyhub, commented: “A summer of hot weather has helped to boost spending, but the figures should be taken with a pinch of salt....

All in Property Services recruits Ray Hugill

All in Property Services is pleased to announce the recruitment of Ray Hugill as a consultant to our business effective from August 2018. Ray’s role will...

Tenants set to take their first steps to home ownership

Housing association tenants will be given access to the finance they need to get a foothold on the property ladder following the launch of a new £200million...

Paying by card? You’re less likely to remember the amount paid

Accurately remembering how much money you spend depends on whether you pay by card or cash. Research by the University of Cologne and the...

Experian’s Credit Search Barometer reveals latest trends on consumer spending habits

A third of loan searches carried out through Experian’s comparison services are for debt consolidation loans, new analysis has revealed. These type of loans...

Rise in inflation shows pressure on squeezed households remains

The Office for National Statistics has today published its latest UK consumer price inflation figures. The figures show the Consumer Prices Index was at 2.5...

Consumer car finance new business volumes up by 3% in June

New figures released today by the Finance & Leasing Association (FLA) show that point of sale (POS) consumer new car finance business volumes grew by 1% in...

Virgin Money renews AVM partnership with Hometrack

Virgin Money has renewed its licence with property analytics business Hometrack, securing delivery of Automated Valuation Model (AVM) services for the next...

Debt continues to drop as interests rise

In the same month that the Bank of England base rate has risen to 0.75% – the highest level since 2009, debt growth has fallen to its lowest level in over a...

The Money Statistics August 2018

Striking numbers £19.97: The fall in Debt growth per adult in June 0.75%: The new Bank of England base rate £65m: The fall in Public Sector Net Debt per day...

Financial wellbeing of staff could hamper workplace productivity and lead to absenteeism

Mental health is one of the biggest causes of sickness absence in the UK, according to the Office for National Statistics. And a new white paper for employers,...

Open Banking: innovation to solve customer needs as banks wake from slumber

Two years on from the CMA market review which initiated Open Banking, Jake Ranson, banking and financial institution expert and CMO at Equifax Ltd, anticipates...

TSB added to Paradign lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today (9th August 2018) added TSB to its lender panel, the 14th addition in the last 12...

How Do Today’s Companies Achieve Customer Satisfaction

In today’s customer-centric marketplace, customer satisfaction has become the driving force to success. Satisfied customers eventually become loyal, repeat...

1st Stop Group (1SG) announces an increase in its Citibank funding facility to £150m

1SG has announced that one of its funders, Citibank, has agreed to increase its existing facility, doubling the amount available from £75m to £150m. The...

Paradigm add Masthaven Bank to lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today (26th July 2018) added Masthaven Bank to its lender panel. From today, Paradigm member...

Treasury Select Committee report places household finances higher on the agenda

The Treasury Select Committee has today published the report of its inquiry into household finances. Joanna Elson OBE, chief executive of the Money Advice...

Households need to prepare now for the ‘new normal’ of higher interest rates

The Bank of England Monetary Policy Committee has today voted to increase interest rates to 0.75 percent, its highest level since 2009. Jane Tully, director of...

Interest rate rise to adds nearly £400 a year to mortgage bills

Homeowners could see their mortgage bills rise by around £400 a year following the Bank of England’s decision to raise interest rates, new analysis from...

Beverley acts to boost returns to savers

Beverley Building Society is today announcing a 0.25% increase across all of its personal savings accounts to help boost savings returns across the region and...

Interest rate rise heaps further pressure on those living in debt

Following the Bank of England’s decision to raise interest rates, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax company, explains...

StepChange Debt Charity comment on Bank of England interest rate rise

StepChange Debt Charity urges policymakers to keep a close eye on the impact of higher rates on debt servicing costs, as even small changes can tip financially...

FCA, Assessing Credit Worthiness in Consumer Credit policy statement – Financial Technology firm, Certua responds

Following the release of the FCA, Assessing Credit Worthiness in Consumer Credit policy statement, Tom Williams, CEO of technology firm Certua, responds to the...

National Credit Regulator issues a public warning against fake loan scams

[JOHANNEBURG] The National Credit Regulator (NCR) has warned consumers to be wary of fake credit providers who attempt to entrap consumers in loan scams. These...

FLA comment on FCA’s final rules and guidance on assessing creditworthiness in consumer credit

Commenting on the publication of the Financial Conduct Authority’s (FCA) final rules and guidance on assessing creditworthiness in consumer credit, Fiona...

StepChange Debt Charity comments on latest Bank of England consumer credit data and FCA creditworthiness rules

StepChange Debt Charity comments on latest Bank of England consumer credit data and FCA creditworthiness rules. Peter Tutton, Head of Policy at StepChange Debt...

The Right Mortgage & Protection Network bolsters compliance team with two new appointments

Due to its continued growth, The Right Mortgage and Protection Network are delighted to welcome two new members to its expanding compliance team. The...

Rise in insolvencies reflects challenges facing household budgets

The Insolvency Service has today published insolvency statistics showing that total individual insolvencies were 4.4 percent higher in the second quarter of...

More debt advice capacity needed as IVAs reach record levels– TDX Group comments

Following the release of the Q2 2018 Insolvency Service insolvency statistics today, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax...

Gatehouse announced as Sutherland Mortgage Services’ first UK client

Sutherland Mortgage Services has announced Gatehouse Bank as its first UK client. The pioneering Sharia-compliant bank offers savings products and finance for...

ONS report reveals stark divide between richer and poorer households when it comes to making ends meet

​A new report from the Office of National Statistics out today shows that, on average, each UK household last year spent or invested £900 more than they...

Paradigm add Masthaven Bank to lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today (26th July 2018) added Masthaven Bank to its lender panel. From today, Paradigm member...

StepChange comment on Treasury Select Committee report on household finances

StepChange Debt Charity is pleased to see the Treasury Select Committee, in its report published today following the inquiry into household finances, show a...

Just one hour of financial education works

The Money Charity’s Money Workshops have a significant positive effect on the financial capability of young people, in terms of confidence and perception of...

Beverley BS rewards businesses – and does its bit for much-loved local charity

Beverley Building Society has today increased the rate on its Business Postal and Business Online Accounts. And as well as rewarding businesses with the new,...

FCA’s decision to retain existing definition of vulnerability is ‘the right approach’

The Financial Conduct Authority (FCA) has today announced it is retaining its existing definition of vulnerable consumers in response to its Consumer Approach...

StepChange Debt Charity reaction to FCA consumer approach

Responding to the publication today of the Financial Conduct Authority’s consumer approach, StepChange Debt Charity is pleased to see that the regulator has...

Consumers left clueless about banking options

Online research from Equifax, the consumer and business insights expert, reveals a lack of awareness of banking options among Brits. When presented with a list...

New report reveals employee mindset on financial, physical, mental wellbeing – and how it impacts employers

Employers are not grasping the depth of concern staff feel about their financial, physical and mental health, according to new research from Neyber into the...

Equifax, first CRA to sign Women in Finance Charter

Equifax, the consumer and business insights expert, has become the first credit reference agency (CRA) to sign the Women in Finance Charter. HM Treasury has...

1 in 5 British adults has had an outstanding credit card balance for at least six months

One-in-five (22%) British adults have had an outstanding credit card balance for at least six months, including the 4% of British adults who have had an...

Intuit’s Direct Bank Feed with Lloyds Bank Now Live

Intuit Ltd, a fully owned subsidiary of Intuit Inc (Nasdaq: INTU), and Lloyds Bank (LSE: LLOY), announced today that its direct bank feed is now live. Now,...

Open Banking after first 6 months: “it promises to be biggest improvement for customers since the introduction of the cashpoint“

Thursday 13 July marks six-months since Open Banking was introduced, with the government aiming to dramatically increase competition and ensure a much better...

Equifax partners with consents.online to develop Open Banking solutions

Equifax, the consumer and business insights expert, has formed a strategic alliance with consents.online, a digital consent management and AISP accredited Open...

Consumer finance new business up by 11% in May

New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in May grew by 11%, compared with the same...

Fleet Mortgages announce revamp of entire product range

Fleet Mortgages, the buy-to-let and specialist lender, has today (4th July 2018) announced a revamp of its entire product range with new options across its...

Brits cite money saving product recommendations as the biggest incentive to use Open Banking

Six months into Open Banking, online research from Equifax, the consumer and business insights expert, reveals that two fifths (40%) of Brits willing to share...

Hampden & Co added to Paradigm lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today (2nd July 2018) added private bank, Hampden & Co, to its lender panel. From today,...

StepChange Debt Charity comment on latest Bank of England lending statistics

Today’s data from the Bank of England shows that consumer credit growth rates continued to slow in May, but remains rapid relative to 2009-12. Although net...

Shanghai bank approves 9 million credit card applications with FICO

Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered...

Money Advice Trust helps more people in 2017 as demand continues to increase

The Money Advice Trust has today published its latest impact report which outlines the impact of its advice services, training and influencing work in 2017....

StepChange Debt Charity comment on FCA retail banking review – overdrafts

StepChange Debt Charity notes that the Financial Conduct Authority today reports that bank overdrafts are significant drivers of profitability on bank personal...

Increase in credit card spending could indicate upcoming rent and mortgage affordability issues

Today’s UK Finance figures show credit card spending has risen considerably in May. This could be an indicator of affordability issues, which could have a...

Oblix Capital joins the ASTL

Oblix Capital, a specialist short term lender, has joined The Association of Short Term Lenders (ASTL) as a new associate member. Membership of the ASTL now...

Experian secures FCA accreditation to supply Open Banking and PSD2 services

The UK’s largest credit reference agency, Experian, can now offer Open Banking and PSD2 (Payment Services Directive 2) services to enable the exchange of...

Creditfix Ranks Among Top 20 Companies To Work For In Scotland

The UK’s biggest personal insolvency practice Creditfix has taken 15th spot in a major employee poll to uncover the best companies to work for. Headquartered...

Why should being vulnerable have to mean being worse off?

In 2017, one in five clients of StepChange Debt Charity had an additional vulnerability (such as illness), on top of their problem debt. New analysis from the...

Bank of England’s warning on 0% credit card deals signals growing concern

Following the Bank of England’s recent letter warning about the growing risks attached to the provision of 0% credit card balance transfer offers, Daoud...

Stonebridge Group records record month for mortgage apps

Stonebridge Group, the mortgage and insurance network, has today (14th June 2018) announced its best ever month for mortgage applications with its advisers...

Nationwide Building Society: The Most Compelling UK Banking Brand

Nationwide Building Society’s reputation rating of 7.3 out of 10 is dovetailed by extremely high recommendation among customers (8.1), making it the UK’s...

Spending on international travel increases but accommodation hits a slump, new research finds

UK consumers look set to spend more on international travel this year than in 2017, the latest findings from Ferratum’s Summer Barometer have found....

Do children know the value of money?

In support of the tenth annual My Money Week (11-17 June 2018) Equifax has partnered with Young Enterprise in order to equip young people to grow-up with the...

NCR and SAPS Raid the Eastern Cape

On Friday, 01 June 2018, the National Credit Regulator (NCR) joined forces with the South African Police Service (SAPS) in an operation aimed at curbing...

Who will be checking just how thorough and impartial Richard Lloyd’s review of FOS will be?

Alarm bells are starting to sound as fears rise over the impartiality of the Financial Ombudsman’s review chief and his ‘perceived closeness’ to the...

Rent in East of England up 27.1% since 2011 compared to 8.8% pay rises

High rents are here to stay so as a direct consequence employers must be prepared to pay much higher wages to staff to enable them to afford these much higher...

CICM welcomes FCA’s focus on unarranged overdrafts in new credit review

The Chartered Institute of Credit Management has welcomed the planned review by the Financial Conduct Authority (FCA) into high cost credit and particularly...

StepChange Debt Charity responds to FCA high cost credit proposals

The FCA today published the outcomes of a review into high cost credit, including overdrafts, doorstep loans, catalogue credit and rent-to-own borrowing. The...

MAS response to the FCA high cost credit review

Responding to the FCA’s review into high cost credit, Money Advice Service Chief Executive, Charles Counsell, said today: “We welcome the FCA’s...

FCA measures on high-cost credit welcome – but further action ‘must remain on the table’

The Financial Conduct Authority (FCA) has today published its high-cost credit review. The review outlines proposals designed to protect people who use...

What will be the consequences of FCA proposals?

The net result of the proposals in the Financial Conduct Authority’s High Cost Credit Review published on 31st May is that fewer people, particularly those...

Paradigm add Melton Building Society to lender panel

Paradigm Mortgage Services, the mortgage services proposition, has today (30th May 2018) added The Melton Building Society, and its subsidiary, MBS Lending, to...

Raiffeisen Bank increases digital lending capabilities with FICO platform

Raiffeisen Bank will use new customer onboarding technology from analytic software firm FICO to increase its digital lending capabilities in Romania. FICO...

First crowdfunding project to address housing crisis in UK

Abundance, Britain’s leading peer-to-peer ethical investment platform, today launches a new move into the social and affordable housing sector, building on...

Behind on the basics – three million people in arrears on essential bills in 2017

Analysis by StepChange Debt Charity reveals that two in five clients who received advice in 2017 were behind on at least one of their essential household bills...

FCA robo-advice review comment

Following the FCA’s statement on robo-advice, which required many providers to make ‘significant changes’, Robbie Constance, Head of Financial Services...

Payments community calls on Open Banking to do more to enable access for FinTechs

The Emerging Payments Association (EPA) has written to the Open Banking Implementation Entity (OBIE) calling for the OBIE to amend the terms of the CMA’s...

Landlords grow their buy-to-let portfolio through a seven-day second charge loan

The directors of an investment company, who own nearly 250 properties, are set to grow their portfolio after Together delivered funding secured against part of...

Lender representatives at FSE Manchester question FCA is ‘back tracking on MMR’

Following on from its Mortgages Market Study Interim Report, published earlier this month, a number of lender representatives have questioned whether the...

GMB welcome news of rising wages in London but says there is still a long way to go

News that wages have risen is welcome but there is still a very long way to go to make up the ground lost due to the recession in 2008 and inflation since...

Fast-growing Yorkshire entrepreneur scoops industry award

A Sowerby-Bridge based finance management specialist has won a prestigious regional industry award. Martin Mellor, founder and managing director of Mellor...

Secure Trust Bank partners with Connect for Intermediaries network and packager

Residential lender Secure Trust Bank has joined the panel, not only of Connect for Intermediaries mortgage network but also its packaging arm. Brokers from the...

Business Disability Forum offers 10-point strategy to reducing work-place stress

With 12.5 million work days lost each year as a result of stress, depression and anxiety, the global membership organisation Business Disability Forum is using...

Troubling signs for London’s housing as new build ‘starts’ & sales growth fall

LCP’s latest LCPAca Residential Index reports annual new build sales* falling 13.8% in Prime Central London with quarterly transactions plummeting to 88....

The Right DA Club Launch Compliance Packages

The Right DA Club, the directly authorised arm of The Right Mortgage Ltd, has officially launched its compliance packages for directly authorised firms. The...

Consumer finance new business holds steady in March

New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in March was at a similar level to that...

Stable interest rate provides respite for people living in debt

Following the Bank of England’s (BoE) decision not to raise interest rates today, Richard Haymes, Head of Financial Difficulties at TDX Group, an Equifax...

Glasgow’s CarMoney expands its financing activity into car leasing

CarMoney, the fast-growing Glasgow-based motor finance business which was launched in 2016, is set to expand its financing activity into car leasing as a...

Consumers need satisfactions says trust chairman

The number of debt judgments registered in Jersey rose slightly during the first quarter of 2018, according to figures released today by Registry Trust....

Just Mortgages expands following most successful year ever

Just Mortgages is taking on two new Financial Service Directors (FSDs) following its most successful year to date. These are just two of a raft of appointments...

Paradigm Protect launch new Protection Helpdesk for members

Paradigm Protect, the directly authorised protection proposition, has today launched a new helpdesk specifically focused on answering member queries relating...

MotoNovo – Bank Owned Independent Finance Provider of the Year

At the 4thannual Motor Finance Conference held in Berlin on April 26th, MotoNovo Finance was recognised as leading bank owned independent finance provider in...

Consumers owed up to £18bn as PPI claims undervalued

Banks may be forced to pay a further £18bn to consumers in payment protection insurance (PPI) claims ahead of the August 2019 deadline, following...

StepChange Debt Charity comment on latest Bank lending data

Today’s data from the Bank of England shows a monthly slowdown in the rate of growth in consumer credit lending – but in the first quarter of this year,...

Consumer credit remains ‘worryingly’ high despite slight ease in rate of growth

The Bank of England has today published its latest monthly Money and Credit report showing consumer credit growth was 8.6 percent in the year to March 2018,...

BoE gross mortgage lending figures out today

John Phillips, group operations director at Just Mortgages and Spicerhaart, says, “Overall mortgage approvals were broadly unchanged for March, but within...

Santander renews AVM partnership with Hometrack

Santander has confirmed a three year extension to its valuation and risk services partnership with Hometrack, covering collateral risk management solutions...