CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Falling borrowing rates set to trigger cut in state support for borrowers in difficulty
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Falling borrowing rates set to trigger cut in state support for borrowers in difficulty PDF Print E-mail
Wednesday, 17 June 2015
Next month will see a cut in the rate at which the government pays support for mortgage interest – the first for almost five years.  The new lower rate reflects lower average rates paid by borrowers.

For many years, successive governments have upheld a commitment to support borrowers in periods of financial difficulty.  The scale of support has varied, reflecting differences in government priorities, mortgage  costs – and the perceived needs of borrowers.  But support has often been less generous than state help for tenants  through housing benefit.
Today’s article  looks at how state support for borrowers has changed over the years, including government forecasts that the value of payments is expected to decline by almost half from 2010/11 to 2017/18.

(Source - CML News & Views)

3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197