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Consumer Credit News
GMB study show 860,000 workers in the East of England region paid less than 10 pound per hour
Tuesday, 06 June 2017
National Minimum Wage should be raised to £10 per hour to provide workers with an adequate level of income from a full-time job to enable them to pay the bills and to have a reasonable standard of living says GMB London  
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Vida Homeloans announces lowest ever rate of 2.69%
Monday, 05 June 2017
Vida Homeloans, the specialist mortgage lender for intermediaries, has today announced a new ‘Limited Edition’ range of residential and buy-to-let mortgages up to a maximum of 70% LTV, launching its lowest ever rates of 2.69% for residential business and 3.14% for buy-to-let business.
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CAP receives FCA authorisation
Friday, 02 June 2017
Award-winning debt charity Christians Against Poverty has today been officially authorised by the Financial Conduct Authority (FCA).
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StepChange Debt Charity response to Bank of England credit card lending figures
Thursday, 01 June 2017
In response to Bank of England figures released today that show credit card borrowing growing at its fastest rate since 2006, Mike O’Connor, Chief Executive of StepChange Debt Charity, said:  “There are 3.3 million people already in persistent credit card debt. With the nation’s credit card bill growing rapidly, we can expect many more people to find themselves struggling in the future. 
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Jonathan Sealey, Hope Capital's CEO comments on the Bank of England's gross lending figures
Wednesday, 31 May 2017
Jonathan Sealey, CEO of Hope Capital says, “Although approvals for house purchase and remortgaging fell slightly in April, this was to be expected, considering the snap general election and ongoing Brexit uncertainty. However, it’s promising to see that gross mortgage lending in April was higher than the six month average, suggesting that the UK’s housing market has once again remained steady.
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Dollar UK's virtual cycle raises thousands for both Helen & Douglas House and Rainbows Hospice
Wednesday, 31 May 2017
In February 2017, members of the Dollar UK IT teams based in the Nottingham and Bicester offices concluded their impressive virtual cycle to Gdansk (Poland), having raised money for Rainbows Hospice and Helen & Douglas House Hospice, who both provide care for young people and their families.
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TDX Group wins Nottingham Post Business Award for ‘Contribution to the Community’
Wednesday, 31 May 2017
TDX Group, the UK’s leading provider of data and debt recovery solutions, is delighted to announce that it has won the Nottingham Post Business Award for ‘Contribution to the Community’ – thanks to the phenomenal efforts of its 360 employees who, in 2016, raised more than £97,000 for charities in and around the East Midlands.
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StepChange Debt Charity CEO to step down this year
Tuesday, 30 May 2017
Mike O’Connor will leave StepChange Debt Charity later this year after leading the organisation as Chief Executive since 2013.  
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Conveyancing Association welcomes political endorsement of home buying process changes
Tuesday, 30 May 2017
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today welcomed the recent political endorsement of its plans to modernise the home buying process stressing that ‘19th Century conveyancing is not fit for 21st Century customers’.
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Hope Capital's CEO comments on the CML's gross lending figures
Tuesday, 30 May 2017
Jonathan Sealey, CEO of Hope Capital says, “It’s no surprise that gross mortgage lending in April was higher than the same month last year, as buy-to-let landlords rushed to buy properties ahead of the new stamp duty rules, which resulted in a lull in the market after the 31st of March deadline.
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CML - gross lending estimate for April from Richard Pike at Phoebus Software
Tuesday, 30 May 2017
Richard Pike, Phoebus Software sales and marketing director, says “This is the second lowest figure for gross mortgage lending in 2017 to date.  It is difficult to say with any certainty the reasons behind the drop from March, especially when you consider that the mortgages that went through in April were probably three months in the pipeline. 
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