Risk – CCR

Fleet Mortgages cuts rates on all two- and five-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today announced reduced product rates across its entire range of two-year and five-year fixed-rate...

by Stephen Kiely
March 22nd, 2023

Experian announces Access Group partnership boosting employment and income coverage to 77%

Experian has today announced a new partnership with The Access Group that will allow even more UK employees to digitally share their payroll information to get...

by Stephen Kiely
March 20th, 2023

NatWest signs deal with OneID to make new digital ID service available to businesses

NatWest Group is making its new Customer Attribute Sharing service available to businesses as an embedded digital ID solution after signing a deal with...

by Stephen Kiely
March 20th, 2023

Second-charge mortgage Tracker shows homeowners looking for ways to pay off costlier debts, says Evolution Money

Evolution Money, the second-charge lending specialist, has today revealed the latest results from its quarterly data tracker, which reviews borrower types,...

by Stephen Kiely
March 20th, 2023

LPE1 enquiries to benefit from standardised answers following update to Property Data Trust Framework

The Property Data Trust Framework, a set of open and free-to-use data standards developed collaboratively across the property industry by the Home Buying and...

by Stephen Kiely
March 20th, 2023

Food supply chain late or failed payment claims up 79% as the sector faces ‘quadruple threat’

One of the UK’s largest trade credit insurers, Atradius, has reported a 79% increase in claims for late and failed payments in the food sector amid national...

by Stephen Kiely
March 17th, 2023

Foundation Home Loans launches new Limited Edition BTL products

Foundation Home Loans, the intermediary-only specialist lender, has today announced the launch of two new Limited Edition buy-to-let products in its F1 tier...

by Stephen Kiely
March 17th, 2023

Hodge adds Interest Only to its Professional Mortgage

Hodge has added interest only to its Professional Mortgage. It offers those with complex incomes, professional traineeships or in self-employment, such as...

by Stephen Kiely
March 17th, 2023

Gen H added to Paradigm lender panel

Paradigm, the mortgage, protection and compliance services proposition, has today added fintech lender, Gen H, to its lender panel. From today, Paradigm member...

by Stephen Kiely
March 17th, 2023

Spring Budget: Boost to supply side of economy with further tightening for BoE to consider

‘In theory, today’s Budget argues for a bit more tightening by the Bank of England (BoE) at next week’s meeting. Further support for businesses...

by Stephen Kiely
March 16th, 2023

Spring budget provides no news on tackling high-borrowing costs impacting businesses and consumers

“The Chancellor’s ‘Back-to-Work’ budget looks to return the nation to business as usual after the upheaval of the Autumn budget last year, though many...

by Stephen Kiely
March 16th, 2023

UK small businesses set to be excluded from anti-fraud legislation – comments from leading civil fraud lawyer

Further to the news that that Ministers are planning to exclude UK small businesses from upcoming anti-fraud legislation. Kate Gee, Counsel at Signature...

by Stephen Kiely
March 14th, 2023

Moneyhub data reveals how the cost-of-living crisis is influencing consumer spending

Moneyhub, a market leading Open Finance, Open Data, and payments platform, has released new data which reveals how Britons’ spending habits are changing...

by Stephen Kiely
March 14th, 2023

Unemployment rate unchanged at 3.7%

The latest figures released by the ONS this morning show that the UK’s unemployment rate has remained unchanged despite the tough economic landscape,...

by Stephen Kiely
March 14th, 2023

89% surge in home seller activity as negative impact of September’s mini budget is reversed

Research from estate and lettings agent, Barrows and Forrester, has revealed that home sellers have been returning the market in force so far in 2023, with the...

by Stephen Kiely
March 14th, 2023

Almost half of landlords remain positive on business prospects and economy

Despite the challenges facing the sector, almost half of landlords (46%) remain positive about the future prospects of their buy-to-let business and...

by Stephen Kiely
March 13th, 2023

Economic uncertainty keeps four in five small business owners awake at night

Small business concerns over economic uncertainty have sky-rocketed over the last 12 months by almost 50%, according to new research from Novuna Business...

by Stephen Kiely
March 10th, 2023

January sales boost consumer credit at start of 2023

The FLA today released its January update on the consumer credit market which showed modest growth overall but a strong start to the year for the retail and...

by Stephen Kiely
March 10th, 2023

Second charge mortgage new business volumes grew by 8% in January 2023

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

by Stephen Kiely
March 9th, 2023

Experian testing pilot service that could help new arrivals to the UK build a credit file in just three months

Experian today announced plans to pilot a new service that could help millions of financially excluded people get better access to mainstream financial...

by Stephen Kiely
March 9th, 2023

Foundation Home Loans cuts owner-occupier special rates and reintroduces 80% LTV products

Foundation Home Loans, the intermediary-only specialist lender, has today announced further price reductions across its owner-occupier special products and the...

by Stephen Kiely
March 9th, 2023

Yapily and Zilch Strike Groundbreaking Partnership to Bring Affordable Credit Solutions to Millions

Open banking platform Yapily and payments technology company Zilch have agreed a groundbreaking partnership that will provide millions of people with better...

by Stephen Kiely
March 9th, 2023

Creditinfo partners with VisionFund International to provide analytics and automation solutions

Creditinfo Group, the leading global service provider for credit information and risk management solutions, today announces a multi-market partnership with...

by Stephen Kiely
March 7th, 2023

MorganAsh brings new upgrades to MARS vulnerability tool ready for Consumer Duty

With just a few months to go until Consumer Duty comes into force, MorganAsh has announced a raft of new upgrades to its vulnerability tool for advisers. The...

by Stephen Kiely
March 7th, 2023

Hodge cuts rates across its mortgage range for the third time in three months

Hodge has made a third rate drop across its range of mortgage products since the start of 2023. Rates on its RIO, 50+ and holiday let mortgages have dropped by...

by Stephen Kiely
March 6th, 2023

Ramp Growth secures £4m in seed funding to transform company forecasting

Ramp Growth, the forecasting analytics startup, has closed a £4m seed round led by Albion Capital and Eurazeo. Ramp Growth solves the issue of poor revenue...

by Stephen Kiely
March 3rd, 2023

Blair and Hague blasted for dangerous digital ID proposal

Digital identity specialists, ID Crypt Global, have labelled plans to provide the nation with a single universal identity as extremely dangerous, as they...

by Stephen Kiely
March 3rd, 2023

Eyes down – Remember to Take Five! Fraud risk to over-65s is revealed as Scam Bingo game launches

Research conducted for UK Finance’s Take Five to Stop Fraud campaign shows that 87 per cent of over-65s say they are confident about spotting the signs of...

by Stephen Kiely
March 2nd, 2023

First-time buyers left high and dry by Help to Buy as cost of missing final deadline revealed

Research by the Gradual Homeownership provider, Wayhome, has revealed that first-time buyers in danger of missing the final Help to Buy completion deadline of...

by Stephen Kiely
March 1st, 2023

Mansfield Building Society selects Protecht.ERM for an actionable view of risk and resilience

Protecht, a leader in risk and resilience software, today announced that Mansfield Building Society has selected its ERM Marketplace solution to digitalise and...

by Stephen Kiely
March 1st, 2023

Comentis launches vulnerability assessment for consumer finance industry

Clinical reg tech provider, Comentis, today announces the launch of its new customer vulnerability assessment for lenders and brokers working in consumer...

by Stephen Kiely
March 1st, 2023

Hanley Economic BS launches fixed rate trio

Hanley Economic Building Society has launched a trio of fixed rate products up to 95% LTV. The first product is a two-year fee-free fixed rate mortgage...

by Stephen Kiely
March 1st, 2023

Over half of Brits have been targeted by fraud

With millions of Brits being affected by the current energy crisis and rising food costs, fraud is increasing across the UK. In fact, Citizens Advice reported...

by Stephen Kiely
March 1st, 2023

Hodge sees a near 16% YOY jump in number of people using 50+ mortgage for debt consolidation

New data from specialist lender Hodge shows a significant increase in the number of its 50+ customers taking out a mortgage for debt consolidation in January...

by Stephen Kiely
February 28th, 2023

Just Mortgages partners with BNI to offer brokers new business networking opportunities

Leading national broker firm Just Mortgages has entered into a strategic partnership with BNI, one of the world’s most established business networking groups...

by Stephen Kiely
February 28th, 2023

Allianz Trade to acquire remaining stake in Cosec from Banco BPI and renew a distribution agreement

Allianz Trade, the world leader in trade credit insurance, is to acquire a 50% stake in Cosec, the Portuguese leader in trade credit insurance, from Banco BPI,...

by Stephen Kiely
February 27th, 2023

Zephyr Homeloans announces reductions across its five-year fixed-rate mortgage product range

Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced reductions of 30 basis points (bps) across its five-year fixed-rate mortgage...

by Stephen Kiely
February 27th, 2023

New Research Finds Legal Filings Drained American Businesses of Over $54 Billion in 2022

Allentown, PA – 2022 was a rough year for American businesses, plagued by inflation uncertainty, supply chain disruptions, higher operating costs and labor...

by Stephen Kiely
February 24th, 2023

TransUnion Launches New Open Banking for Gaming Solution

Global information and insights provider, TransUnion, is leading the way in the gaming sector by unveiling its new Open Banking for Gaming solution. With a...

by Stephen Kiely
February 23rd, 2023

Creditinfo hires Jakub Žalio as Director of Global Technology and Solutions

Creditinfo Group, a global service provider for credit information and risk management solutions, today announces the appointment of Jakub Žalio as its new...

by Stephen Kiely
February 23rd, 2023

How understanding vulnerability data could help resolve Life cover challenges

A recent report by Swiss Re “Life Cover Payouts – under the microscope” revealed some challenges for new and existing life policies. An increased...

by Stephen Kiely
February 23rd, 2023

Pandemic property party over for first-time buyers as numbers slide -10.6% in a year

Research by the Gradual Homeownership provider, Wayhome, has revealed that while the pandemic market boom saw a record increase in the number of first-time...

by Stephen Kiely
February 22nd, 2023

Pandemic property party over for first-time buyers as numbers slide -10.6% in a year

Research by the Gradual Homeownership provider, Wayhome, has revealed that while the pandemic market boom saw a record increase in the number of first-time...

by Stephen Kiely
February 22nd, 2023

67% of UK property professionals support DITF introduction to the sales sector

A survey of UK property professionals, commissioned by leading identity verification provider Credas Technologies, has revealed that 69% support government...

by Stephen Kiely
February 22nd, 2023

Fleet Mortgages bring two-year fixes back to market and add new range of five-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today brought back its range of two-year fixed-rate products for landlord borrowers, as well as...

by Stephen Kiely
February 22nd, 2023

OECD GDP growth still weak at 0.3% in the fourth quarter of 2022

Gross domestic product (GDP) in the OECD rose by 0.3% quarter-on-quarter in the fourth quarter of 2022, down from 0.4% growth in the previous quarter,...

by Stephen Kiely
February 21st, 2023

Housing transactions – comment

Following the announcement from HMRC today that the seasonally adjusted estimate of the number of UK residential transactions in December 2022 is 101,920, 1%...

by Stephen Kiely
February 21st, 2023

FLA Members provided £148 billion of new business in 2022

New figures released today by the Finance & Leasing Association (FLA) show that FLA members across the asset finance, consumer finance and motor finance...

by Stephen Kiely
February 21st, 2023

FICO UK Credit Card Market Report: December 2022

Clear evidence of the impact of inflation on household spending is revealed in FICO’s latest report of UK card trends, for December 2022. While retail sales...

by Stephen Kiely
February 21st, 2023

Agenda-setting campaign exposes AML loopholes

SmartSearch, the UK’s leading provider of digital compliance, has published an agenda-setting whitepaper to highlight the anti-money laundering shortcomings...

by Stephen Kiely
February 21st, 2023

LiveMore launches its first 2-year fixed rate mortgage

LiveMore has expanded its product range to include a 2-year fixed rate mortgage available on its Retirement Interest Only Mortgage as well as its Fixed Term...

by Stephen Kiely
February 21st, 2023

Lowest February house price rise on record: Rightmove

Average asking prices were up just £14 between January and February – to £362,452 Over the year, asking prices are up 3.9% – down from 6.3% a...

by Stephen Kiely
February 20th, 2023

Second charge mortgage new business volumes fell by 3% in December 2022

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at...

by Stephen Kiely
February 17th, 2023

Foundation Home Loans cuts buy-to-let and owner occupier rates and introduces new discount products

Foundation Home Loans, the intermediary-only specialist lender, has today announced further price reductions across its owner-occupier and buy-to-let product...

by Stephen Kiely
February 17th, 2023

Real wage growth at -4.2% across the UK

The latest research by tax specialists, RIFT Tax Refunds, has revealed that real wage growth currently sits at 4.2% across the UK, with just four other G10...

by Stephen Kiely
February 17th, 2023

EY comments on ONS retail sales for Jan

“Although retail sales volumes marginally increased by 0.5% month-on-month in January, largely due to promotional activity, when looking at the bigger...

by Stephen Kiely
February 17th, 2023

One in three small businesses will struggle after March, when the energy price cap ends

New analysis reveals that a third of small businesses may not have enough cash to cover their costs when the government’s energy price cap ends on March...

by Stephen Kiely
February 16th, 2023

Majority of landlords plan to increase rent when remortgaging

Almost seven in ten (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from the Landbay quarterly survey...

by Stephen Kiely
February 16th, 2023

Hodge reduces rates on its Professional Mortgage again

Hodge has today reduced rates across its 2-year fixed Professional Mortgage products. The specialist lender first launched its Professional Mortgage product in...

by Stephen Kiely
February 16th, 2023

Building society borrowing back in vogue as gross lending climbs 39% since the pandemic

The latest market analysis by specialist property lending experts, Octane Capital, has revealed that building societies seem to be back in vogue amongst UK...

by Stephen Kiely
February 15th, 2023

Property investors drive bridging loan activity, but chain-breaks remain a significant factor behind borrowing

The latest market analysis by bridging finance specialists, Apex Bridging, has shown that the total sums lent via bridging loans dipped by -22.5% during the...

by Stephen Kiely
February 15th, 2023

Hope Capital roll out two new products

Specialist short-term lender, Hope Capital has officially launched two brand-new products, Bridge 2 Let and Term 2 Rent. The Bridge 2 Let product targets...

by Stephen Kiely
February 13th, 2023

ONS GDP economist reaction

Following the ONS GDP figures, published today, Tommaso Aquilante, Associate Director of Economic Research at Dun and Bradstreet said: “Growing by 4%, the UK...

by Stephen Kiely
February 10th, 2023

UK Economy avoids a recession in 2022 by the thinnest of margins

GDP falls 0.5% in December. This follows GDP growth of 0.1% in November. Q4 GDP was flat, UK avoids recession for 2022. Cold weather and the postponement of...

by Stephen Kiely
February 10th, 2023

Credit card rates dip; personal loans keep rising

Total credit card borrowing dropped in December as consumers repaid £0.5 billion of net credit card debt and this perhaps drove a more competitive pricing...

by Stephen Kiely
February 10th, 2023

Tandem Bank joins Knowledge Bank

Tandem Bank today became the latest lender to announce it is live on the Knowledge Bank system, making its criteria available on the UK’s biggest criteria...

by Stephen Kiely
February 10th, 2023

A third of households to demonstrate financial resilience in 2023

Some 10 million households will demonstrate financial resilience this year, with spending power concentrated in London, the South-East and city locations...

by Stephen Kiely
February 8th, 2023

Landlords showing “resilience” as majority do not intend to sell any properties

Seven out of 10 buy-to-let landlords do not intend to sell any of their properties in the next 12 months, latest data from the Landbay quarterly survey has...

by Stephen Kiely
February 8th, 2023

TransUnion UK appoints Neil Bentley as General Counsel

Global information and insights provider TransUnion has appointed Neil Bentley as general counsel in the UK, leading legal, risk and compliance, as part of the...

by Stephen Kiely
February 8th, 2023

The most sought after nations for fake identity documents revealed as average cost comes in at £1,500

The latest research by digital identity specialists, ID Crypt Global, has revealed the alarming ease at which a fake ID can be acquired, as well as the cost of...

by Stephen Kiely
February 8th, 2023

Code regulator ramps up requirements to stop scams

The Lending Standards Board (LSB) has stepped in and made further updates to the Contingent Reimbursement Model Code (CRM Code) in a bid to stamp out...

by Stephen Kiely
February 8th, 2023

Commentary on business landing drop

Given the expectation of a 3.8% contraction in bank-to-business lending this year, one of the steepest declines in recent history, Tim Vine, Head of...

by Stephen Kiely
February 7th, 2023

Foundation Home Loans announce price reductions on owner-occupied and buy-to-let specials

Foundation Home Loans, the intermediary-only specialist lender, has today announced price reductions on its owner-occupier and buy-to-let mortgage products. In...

by Stephen Kiely
February 7th, 2023

Construction sector boomed by 18% in 2022 with further growth predicted this year

Analysis by peer to peer real estate investment platform, easyMoney, has shown that at £97.6bn (2022) the UK construction sector is by far the largest in...

by Stephen Kiely
February 6th, 2023

Experian partners with Zopa Bank

Experian Boost data will now be included in Zopa Bank’s credit card decisioning process – giving customers better rates and offering them reduced APR for a...

by Stephen Kiely
February 6th, 2023

Freedom Finance adds 22 products to digital lending marketplace

Freedom Finance, one of the UK’s leading digital lending marketplaces, is delighted to announce the continued development of its platform with more products...

by Stephen Kiely
February 6th, 2023

PSR responds to TSC’s report on APP scams reimbursement

We have been consulting on proposals to make reimbursement of APP scams mandatory and have received a wide range of views from industry, consumer groups and...

by Stephen Kiely
February 6th, 2023

PIMFA calls for Financial Conduct Authority to have greater role in protecting public from fraud

PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, welcomes the news today that...

by Stephen Kiely
February 3rd, 2023

Bank plays it safe, but things are looking up

Rates rise 0.5% to 4.0%. The MPC voted 7-2 in favour of the rise, with 2 members voting in favour of keeping rates at 3.5%. Market expects rates to peak at...

by Stephen Kiely
February 3rd, 2023

UK Interest Rates have risen to 4%

This morning, the Bank of England has announced that they will be raising the UK’s interest rates to 4%, Tommaso Aquilante, Associate Director of Economic...

by Stephen Kiely
February 3rd, 2023

Will the headlines knock confidence further? – Comment on the interest rate rise from the Bank of England

Commenting on the latest MPC’s decision to raise the BoE base rate to 4%, Adam Oldfield, chief revenue officer at Phoebus Software, says “Today’s...

by Stephen Kiely
February 2nd, 2023

MPC comment from John Phillips at Just Mortgages

Following the Bank of England’s decision to raise interest rates for a tenth successive time from 3.5% to 4%, we have a comment from national broker firm,...

by Stephen Kiely
February 2nd, 2023

Fleet Mortgages cuts rates on all seven-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today announced price cuts on all its seven-year fixed-rate products. Priced in line with recent swap...

by Stephen Kiely
February 2nd, 2023

Freedom Finance deepens partnership with lender Koyo

Freedom Finance, one of the UK’s leading digital marketplaces, is delighted to announce that it has extended its relationship with Koyo – a key partner...

by Stephen Kiely
February 2nd, 2023

TransUnion Announces Investment in Bud to Drive Innovation and Growth in Open Banking

TransUnion, a global insights and information company, has announced a strategic investment in Bud Financial Limited (Bud), a leader in Open Banking and data...

by Stephen Kiely
February 1st, 2023

Hodge launches Mixed Use product for experienced property investors

Hodge has launched a new Mixed Use Finance product to support experienced commercial investors wanting to buy property where the majority is residential but...

by Stephen Kiely
January 31st, 2023

Four AI Predictions for 2023: From the Great Correction to Practical AI

There’s no way to sugarcoat it: 2022 was a rough year for businesses. Tech companies are now learning to solve for new challenges, their once limitless...

by Stephen Kiely
January 31st, 2023

Commentary on Bank of England Money and Credit announcement

“With the UK economy steering ever closer to a recession, you’d be forgiven for thinking that consumer borrowing would follow the downward trend, however,...

by Stephen Kiely
January 31st, 2023

Rates fall on Landbay’s HMO/MUFB range by up to 60bps

Landbay is reducing rates by up to 60 basis points across its range of buy-to-let mortgages for houses in multiple occupation (HMO) and multi-unit freehold...

by Stephen Kiely
January 31st, 2023

Foot Anstey’s Fraud Team celebrate Court of Appeal success in £70M conspiracy claim

The Fraud Team at national law firm Foot Anstey LLP has advised a former non-executive director of the auction house Bonhams on the successful dismissal of a...

by Stephen Kiely
January 30th, 2023

LiveMore secures up to £250m funding facility from Citi

LiveMore Capital has secured a credit facility of up to £250m from Citi taking total funding raised by the lender since inception to nearly £600m. Set up in...

by Stephen Kiely
January 30th, 2023

Latest Fraud Figures Point To Continuing Threat of Advance Fee Fraud

“The latest fraud figures from the Office for National Statistics for the year to September 2022 show that bank and credit account fraud decreased by 14% to...

by Stephen Kiely
January 30th, 2023

Data Privacy Day: Don’t put all your eggs in one basket

Privacy Day is of extra importance this year because of a dramatic increase in attacks designed to get around measures that make account log-ins more secure,...

by Stephen Kiely
January 30th, 2023

Knowledge Bank launches industry’s first interactive criteria guide

Knowledge Bank, the UK’s largest database of mortgage lending criteria, has launched a bespoke interactive criteria guide for lenders to promote their...

by Stephen Kiely
January 26th, 2023

Allica Bank extends funding range to include soft assets as it hits £200m of asset finance lending

Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft...

by Stephen Kiely
January 25th, 2023

Banks’ continuing AML shortfalls risk “eye-watering” fines

A “worrying” number of banks and financial institutions are still risking multi-million pound fines like the £107m penalty issued to Santander at the end...

by Stephen Kiely
January 25th, 2023

Four out of 10 buy-to-let landlords intend to buy more property

More than four out of 10 buy-to-let landlords (42%) intend to purchase additional property in the next 12 months, the Landbay quarterly landlord survey has...

by Stephen Kiely
January 25th, 2023

SmartSearch comments on former FBI official charged for sanction evasion

Following the news US prosecutors have charged a former top FBI official for allegedly trying to help a Russian oligarch get off a US sanctions list, Martin...

by Stephen Kiely
January 25th, 2023

Property sales start to freeze up in December

Property sales (non-seasonally adjusted) were down 1% during 2022, and down 3% between November and December, to 108,960. Sales have been steady, and remain...

by Stephen Kiely
January 24th, 2023

Novatus Advisory bolsters leadership team with appointment of two senior hires

Novatus Advisory (Novatus), the risk, regulation and ESG consultancy and technology solution provider, today announced the appointment of two strategic senior...

by Stephen Kiely
January 24th, 2023

Comment on HMRC monthly property transactions

Following this morning’s release of the HMRC monthly property transactions, Simon Webb, managing director of capital markets and finance at LiveMore, said:...

by Stephen Kiely
January 24th, 2023

Comment: HMRC property transactions

Following this morning’s property transactions announcement from HMRC, Karl Wilkinson, CEO at Access Financial Services said: “This morning’s housing...

by Stephen Kiely
January 24th, 2023

Might we see a traditional post-Christmas pick up? – Comment on the HMRC property transactions for December

Following the latest property transaction figures from HMRC, Adam Oldfield, chief revenue officer at Phoebus Software, says “Although no-one will be...

by Stephen Kiely
January 24th, 2023

FICO UK Credit Card Market Report: November 2022

FICO’s latest report of UK card trends — for November 2022 — suggests that consumers managed their credit card debt to keep lines of credit open for the...

by Stephen Kiely
January 24th, 2023

Rental yields up in majority of regions, reveals Fleet Mortgages’ Q4 2022 Rental Barometer

Fleet Mortgages, the buy-to-let specialist lender, has today (23rd January 2023) released the latest iteration of its Buy-to-Let Rental Barometer covering Q4...

by Stephen Kiely
January 24th, 2023

High cost of living forces one in six over-50s to cash in on homes

One in six of the UK’s over-50s are so impacted by the cost-of-living crisis they will need to either sell or release equity from their homes to give them...

by Stephen Kiely
January 24th, 2023

Zephyr Homeloans announces tracker mortgage product range

Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a range of tracker mortgage products. The lender said that it is offering:...

by Stephen Kiely
January 20th, 2023

Reaction: Dun and Bradstreet on UK inflation drops

As today’s inflation rate announcement shows a fall of 10.5% in the year to December from 10.7% in November, Tommaso Aquilante, Associate Director of...

by Stephen Kiely
January 19th, 2023

Inflation slowing, with fuel prices driving hopes for future easing

Prices continued to rise in December, with CPI up 0.4% in the month, however annualised inflation slowed to 10.5% from 10.7% in November. The slowing rate of...

by Stephen Kiely
January 18th, 2023

New FICO and Corinium Report Finds Financial Services Firms Lack Responsible AI Strategies Despite Surging Demand for AI Solutions

Today, global analytics software platform provider FICO released its third annual State of Responsible AI in Financial Services report, developed in...

by Stephen Kiely
January 18th, 2023

“Fall in inflation rates welcome news but SMEs remain under huge pressure”

“A fall in inflation rates is welcome news but it’s important to recognise that small business owners will remain under huge pressure from soaring interest...

by Stephen Kiely
January 18th, 2023

SecurityHQ Expands Operations in Middle East

SecurityHQ, a Leading Global Managed Security Services Provider (MSSP), has increased its presence in the Middle East with an expansion of its Global Security...

by Stephen Kiely
January 18th, 2023

Hampshire Trust Bank returns with market-leading service and launches new ERC Lite and ERC Plus products

Now that Hampshire Trust Bank’s (HTB) service levels are back within SLA, it is launching two new specialist five-year fixed rate residential and...

by Stephen Kiely
January 18th, 2023

BioCatch Celebrates 2022 with ARR Growth, Technology Innovation, High Customer Satisfaction

New York and Tel Aviv – BioCatch, the pioneer of behavioural biometric intelligence and a global leader in fraud detection, today announced strong...

by Stephen Kiely
January 17th, 2023

TransUnion Supports Mortgage Magic in Launching Credit Report Integration

Global information and insights company TransUnion is supporting Mortgage Magic in launching credit report integration to make it even easier for brokers to...

by Stephen Kiely
January 17th, 2023

Fleet Mortgages cut rates on all fixed-rate products

Fleet Mortgages, the buy-to-let specialist lender, has today announced price cuts to its entire range of fixed-rate products. From today, advisers can access...

by Stephen Kiely
January 17th, 2023

Together appoints Martin Souter as Commercial Credit and Risk Director

Specialist lender Together has today announced the appointment of financial services expert Martin Souter as its Commercial Credit and Risk Director. Martin...

by Stephen Kiely
January 17th, 2023

AML fines issued to estate agents on the up

The latest industry analysis by Credas Technologies, the leading identity verification checks provider, has shown that the average Anti-Money Laundering (AML)...

by Stephen Kiely
January 17th, 2023

Hanley Economic BS kicks-starts 2023 with quadruple product launch

Hanley Economic Building Society has kick-started its 2023 lending campaign with the launch of four new products. The new products include an 80% LTV BTL...

by Stephen Kiely
January 16th, 2023

Rightmove: asking prices bounce back, but New Year optimism may not last

Average asking prices were up 0.9% in January – or £3,301 – to £362,438. They’re still down £8,720 from October’s peak. On January 5, the number of...

by Stephen Kiely
January 16th, 2023

Digital compliance specialists SmartSearch certified as a Great Place To Work

SmartSearch has been certified as a Great Place To Work. The highly sought-after accreditation is determined by independent surveys with employees and in-depth...

by Stephen Kiely
January 16th, 2023

New report reveals ongoing and serious failings toward vulnerable people across all sectors

A new report released today by the not-for-profit Vulnerability Registration Service reveals a shocking picture of how despite interventions by regulators and...

by Stephen Kiely
January 13th, 2023

TAB announced as latest lender on Knowledge Bank’s Criteria Sourcing System

Knowledge Bank has today announced that specialist lender TAB has joined the UK’s biggest criteria sourcing system. Knowledge Bank users can now source TAB...

by Stephen Kiely
January 12th, 2023

Vulnerable people more likely to have been pressured to take out credit for someone else

New research has revealed that 1.6 million people who have identified themselves as vulnerable were pressured into taking out credit or services for someone...

by Stephen Kiely
January 12th, 2023

Learning the Lessons of the Last Crisis: “Economic Victims” of a Recession Bounce Back to Financial Good Faster

Moving away from the pandemic was meant to usher in a return to normality for most, but this was another Christmas when consumers across the country once again...

by Stephen Kiely
January 12th, 2023

Second charge mortgage new business volumes grew by 9% in November 2022

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at...

by Stephen Kiely
January 12th, 2023

Experian launches CreditLock to give Brits an extra layer of protection against identity fraud

Experian has today launched CreditLock, a new feature that will enable customers to lock their Experian Credit Report at the touch of a button. The launch...

by Stephen Kiely
January 12th, 2023

Hodge reduces rates across its entire residential mortgage range

Hodge is today announcing reduced rates across its entire range of holiday let, 50+, RIOand professional mortgage products by up to 0.40%. This is the third...

by Stephen Kiely
January 11th, 2023

Vulnerable people more likely to have been pressured to take out credit for someone else

New research has revealed that 1.6 million people who have identified themselves as vulnerable were pressured into taking out credit or services for someone...

by Stephen Kiely
January 11th, 2023

Business Data 2023 Predictions

As the global economy continues to face significant challenges, including recession, experts at Dun & Bradstreet, a leading global provider of business...

by Stephen Kiely
January 11th, 2023

Landbay lowers rates on two-year fixes and reduces ICR

Buy-to-let specialist lender Landbay is lowering the rates on two-year fixed rate mortgages and reducing its income cover ratio (ICR) requirements for basic...

by Stephen Kiely
January 11th, 2023

UK Businesses Spend £600K Annually To Repel Cyber Attacks, as More Become Affected by Data Breaches

New research from global information and insights company, TransUnion, shows that individual organisations are fighting off more than 500 cyber attacks each...

by Stephen Kiely
January 10th, 2023

Mizuho Bank Luxemburg upgrades anti-financial crime compliance risk management with Napier

Mizuho Trust and Banking (Luxembourg) S.A , the Luxembourg subsidiary of Japan’s Mizuho Trust & Banking division (part of Mizuho Financial Group) , is...

by Stephen Kiely
January 10th, 2023

Where are the most successful new businesses opening in the UK?

Research from CMC Markets has revealed Reading as the UK city opening the most successful new businesses in the last five years, with just 0.13% going into...

by Stephen Kiely
January 10th, 2023

Fleet Mortgages lends over £1.2 billion in 2022

Fleet Mortgages, the buy-to-let specialist lender, has today announced it completed over £1.2bn of new lending completions during the 2022 calendar year....

by Stephen Kiely
January 9th, 2023

Allianz Trade x Santander CIB x Two New B2B BNPL partnership

Allianz Trade, Santander CIB & Two partnered to develop a new B2B BNPL solution dedicated to large multinational corporates. • A unique and pioneering...

by Stephen Kiely
January 9th, 2023

Halifax HPI: Miserable December as the rot sets in

In December, prices were down 1.5% in a month to an average of £281,272. This is the fourth consecutive month of falls. Annual price rises slowed again, to...

by Stephen Kiely
January 6th, 2023

Key demonstrates good vulnerability assessments with MorganAsh to lead later life sector on vulnerability

Key Later Life Finance, the UK’s largest equity release advice firm, has seen positive results from its vulnerability assessments, with the help of MARS from...

by Stephen Kiely
January 5th, 2023

Russian oligarchs face $95 billion black hole thanks to sanctions

A $95 billion “black hole” in oligarch wealth shows strict sanctions on Russia are working, a leading anti-money laundering (AML) expert has argued. New...

by Stephen Kiely
January 5th, 2023

Private housing delivery driving construction output recovery as sector returns to pre-pandemic levels

Market analysis by Alliance Fund, the end to end real estate fund, has found that total construction output has almost returned to pre-pandemic levels, but the...

by Stephen Kiely
January 5th, 2023

FICO Round Table Discusses Approaches to Sharp Rise in Scams and Authorised Push Payment Fraud

In 2021, UK losses to authorised push payment (APP) scams reached £583.2 million. This 39 percent year-on-year increase in losses shows how inventive and...

by Stephen Kiely
January 5th, 2023

Property transaction fall throughs hit five year high

The latest industry index on property fall throughs by property purchasing specialist, House Buyer Bureau, has revealed that there has been a sharp increase in...

by Stephen Kiely
January 5th, 2023

Mortgage lending up in 2022, but have we reached the peak?

The latest mortgage market analysis by specialist property lending experts, Octane Capital, estimates that £77.5bn in residential loans was lent to...

by Stephen Kiely
January 4th, 2023

Prime London property demand falls but appetite for super-prime keeps getting stronger

The latest Prime Central London Buyer Demand Index by London lettings and estate agent, Benham and Reeves, has found that demand is down across the prime...

by Stephen Kiely
January 4th, 2023

Custom Credit chooses LendingMetrics’ ADP

Custom Credit is set to use LendingMetrics’ Auto Decision Platform (ADP) to speed up decisioning and take its clients’ borrowing experience to the next...

by Stephen Kiely
January 3rd, 2023

TransUnion Supports Fiinu Bank in Offering Consumers Greater Choice with New Plugin Overdraft Solution

Global information and insights company TransUnion is supporting Fiinu Bank to help enable its innovative overdraft solution, using TransUnion Open Banking...

by Stephen Kiely
December 21st, 2022

Central Trust enhances AVM policy

Central Trust, the first and second charge lender, has today introduced the use of Automated Valuation Model (AVM) technology to its Consumer Buy-to-let...

by Stephen Kiely
December 20th, 2022

FICO October credit report

FICO’s latest report of UK card trends — for October 2022 — illustrates the push and pull of personal finances as consumers attempt to manage existing...

by Stephen Kiely
December 20th, 2022

2023 market outlook for the new-build sector

With 2022 coming to a close, the UK finds itself under somewhat of a financial dark cloud. Some are calling it a recession, most believe it to be the obvious...

by Stephen Kiely
December 20th, 2022

Inflation to hit the UK hardest, with half of business leaders expecting inflation to get worse in the next 12 months

UK businesses expect to be hit the hardest by inflation, according to new research from Taulia. Nearly half (48%) of UK businesses expect inflation to get...

by Stephen Kiely
December 20th, 2022

Comments on today’s ONS retail sales figures for November

“Retail sales volumes fell by 0.4% in November, despite Black Friday and the start of the 2022 World Cup which should have provided a boost to pre-Christmas...

by Stephen Kiely
December 20th, 2022

Suspected Digital Fraud in UK Sees 40% Spike Around Black Friday

The average number of suspected digital fraud attempts for transactions from the UK on any given day surrounding Black Friday was 40% higher than the average...

by Stephen Kiely
December 15th, 2022

New report reveals ongoing and serious failings toward vulnerable people across all sectors

A new report released today by the not-for-profit Vulnerability Registration Service reveals a shocking picture of how despite interventions by regulators and...

by Stephen Kiely
December 15th, 2022

Online Banking Commission completes cross-sector review into the impact of online banking on those experiencing economic abuse, outlines recommendations for change

Domestic abuse charity Refuge alongside their long-term corporate partner, The Co-operative Bank, have published a new report which concludes a year-long...

by Stephen Kiely
December 15th, 2022

Survey: UK Consumers Accept More Identity Checks after Losses of £15.3m across Christmas ’21

There was a reported £15.3 million lost to fraud in the UK between November 2021 and January 2022, and with just a few days until Christmas Day, panic mode...

by Stephen Kiely
December 15th, 2022

TransUnion Is Ranked as One of the UK’s Most Inclusive Employers

TransUnion, a global information and insights company and one of the UK’s leading credit reference agencies, has been ranked in The Inclusive Top 50 UK...

by Stephen Kiely
December 15th, 2022

Cybersecurity the biggest investment for UK finance leaders in 2023

Improving cybersecurity is the top priority for UK finance leaders in 2023, according to a new survey released today, as many start to submit their New...

by Stephen Kiely
December 15th, 2022

Consistent approach to vulnerability data needed as regulators flex muscles

The FCA is beginning to “flex its muscles” with notices issued to firms needing more data on vulnerability – a Consumer Duty expert has warned. The...

by Stephen Kiely
December 15th, 2022

FCA research: Festive shoppers at rising risk of loan fee scams as fraudsters pile on the pressure at Christmas

With Christmas fast approaching, the FCA launches its latest ScamSmart campaign aimed at giving consumers the knowledge and tools to avoid loan fee fraud. The...

by Stephen Kiely
December 14th, 2022

Credas Shortcuts Tenant Screening

Data from CIFAS, the fraud prevention database, states a marked increase in both identity fraud and false applications in the UK with increases of 34% and 45%...

by Stephen Kiely
December 14th, 2022

‘Second-charge Mortgage Tracker continues to reflect the cost of living crisis’

Evolution Money, the second-charge lending specialist, has today revealed the latest results from its quarterly data tracker, which reviews borrower types,...

by Stephen Kiely
December 14th, 2022

Hodge reduces rates across selected products

Hodge is today announcing reduced rates across its holiday let, 50+ and recently launched Professional mortgages. This is the second time the specialist lender...

by Stephen Kiely
December 13th, 2022

Cost of borrowing warning: personal loans soar to highest rates since 2013 and credit cards since 1998

Analysis of the latest Bank of England data on average quoted household rates from Freedom Finance, one of the UK’s leading digital lending marketplaces,...

by Stephen Kiely
December 13th, 2022

PayPlan awarded Partner Recognition for their work to stop loan sharks

We’re proud to be the first national debt advice provider to achieve partner recognition status for our work in raising awareness about loan sharks and...

by Stephen Kiely
December 13th, 2022

Tenants worse off as rents increase by up to 15% since last Christmas

The latest insight into the UK rental market from Ocasa, reveals that tenants in London have endured bigger rent price increases than anywhere else in the UK...

by Stephen Kiely
December 12th, 2022

Berkeley Group – battening down the hatches

Berkeley Group has today announced its half year results for the six months ended 31 October 2022. Profit before tax down 2% to £284.8 million. Sales since...

by Stephen Kiely
December 9th, 2022

PSR takes steps towards greater transparency on APP scam data across banks and building societies

Today, the Payment Systems Regulator (PSR) outlines the technical process that banks and building societies will have to follow as part of its new reporting...

by Stephen Kiely
December 8th, 2022

Half of New First-Time-Buyer Mortgages Have Terms Over 30-years, Up From A Quarter Ten Years Ago

Half of all first-time buyers in the UK, and over a quarter of home movers who took out a mortgage in the third quarter of this year opted for a term of more...

by Stephen Kiely
December 8th, 2022

Food consumed a huge wedge of our budget – leaving us vulnerable

In 2020/21 the average household spent £39.71 per person per week on all food and drink eaten both at home and out and about, This is down 17.8% in a year –...

by Stephen Kiely
December 8th, 2022

FICO Wins Machine Learning Award for Scams Detection Model

Global analytics software provider FICO won the Machine Learning in Credit and Collections Award at the 2022 Credit & Collections Technology Awards, held...

by Stephen Kiely
December 8th, 2022

Cost of living triggers dangerous era of ‘Financial STOICism’

A quarter (24%) of GB adults admit they are making bad financial decisions they know will negatively affect their ability to access financial products in the...

by Stephen Kiely
December 8th, 2022

RICS: Buyers hibernate as market freezes

Buyer demand fell for a seventh month in a row in November: not as fast as in October, but it’s still a significant drop. The number of agreed sales has...

by Stephen Kiely
December 8th, 2022

Praetura Commercial Finance Group surpasses £100m loan book and targets growth after record year

Praetura Commercial Finance Group (PCFG), the North-West based asset-based lending business, has grown its loan book to over £100m+ as the demand for funding...

by Stephen Kiely
December 8th, 2022

Allica sees £65M of instant decision-in-principles one month after launching new automated tool

Allica Bank has seen £65m of instant commercial mortgage decision-in-principle applications since launching its new automated application tool at the start of...

by Stephen Kiely
December 8th, 2022

Almost a fifth of rental properties let within two weeks as high demand continues to drive up rental values

Market analysis from Ocasa, the specialist rental platform, reveals that, in Britain’s fastest-moving rental markets, up to 30% of homes are snapped up by...

by Stephen Kiely
December 7th, 2022

Experian recognised with Government Trust Framework Certification

Experian has today been recognised for its market leading identity verification technology and solutions, achieving certification through the Government’s...

by Stephen Kiely
December 7th, 2022

Alpian, Switzerland’s first private digital bank, selects Napier Continuum for financial crime compliance

Geneva – Alpian, Switzerland’s first digital private bank, and Napier, global provider of advanced financial crime compliance solutions, announce their...

by Stephen Kiely
December 6th, 2022

Buy-to-let mortgage payments increase by 286% in one year

The latest mortgage market analysis by specialist property lending experts, Octane Capital, reveals that buy-to-let landlords are facing a tougher time...

by Stephen Kiely
December 6th, 2022

LiveMore launches capital and interest mortgage

LiveMore Capital is expanding its product range with the launch of its first ever Capital & Interest (C&I) mortgage for borrowers aged 50 to 85. The...

by Stephen Kiely
December 6th, 2022

The Right Mortgage & Protection Network have reinforced their support offering surrounding Consumer Duty responsibilities

The Right Mortgage & Protection Network have launched further support for members following the ongoing demands of the FCA’s Consumer Duty requirements....

by Stephen Kiely
December 5th, 2022

FICO Survey: UK Consumers Will Choose Banks Based on Fraud Protection

Global analytics software company FICO has revealed the findings from its latest fraud survey with consumers showing that strong fraud protection can be a...

by Stephen Kiely
December 5th, 2022

New data reveals how Britain will adjust to Christmas amidst the cost-of-living crisis

For the majority of Brits, Christmas might look a little bit different this year in light of the cost-of-living crisis and deepening recession. Due to the...

by Stephen Kiely
December 5th, 2022

Mazuma Mobile UK wide survey forecasts continued decline in economy

MORE than nine out of 10 people say they are worried about the cost of living crisis, according to a large-scale nationwide survey undertaken by Mazuma Mobile....

by Stephen Kiely
December 2nd, 2022

ABA Statement on FDIC’s Quarterly Banking Profile

Washington, DC – “The FDIC’s latest Quarterly Banking Profile for the third quarter shows that the banking sector remains strong even as banks of...

by Stephen Kiely
December 2nd, 2022

Phoebus Software partners with Jade ThirdEye for AML solutions

Phoebus Software Limited (PSL) has added Jade ThirdEye to its strategic partner programme to offer its clients an anti-money laundering (AML) and financial...

by Stephen Kiely
December 1st, 2022

Fleet Mortgages make further rate cuts across all fixed-rate mortgages

Fleet Mortgages, the buy-to-let specialist lender, has today announced further rate cuts across its entire fixed-rate mortgage range for both 65% and 75% LTV....

by Stephen Kiely
November 30th, 2022

Atom cuts rates across mortgage range to help borrowers

Atom bank, the UK’s first app-based bank, is today decreasing the rates across a number of its mortgage products, with selected five-year products now...

by Stephen Kiely
November 30th, 2022

Capitalise and Experian launch Credit Review Service to support small businesses through the changing economic landscape

Capitalise has today announced the latest development in its partnership with Experian, as it launches a new business service to help thousands of UK SMEs take...

by Stephen Kiely
November 29th, 2022

Commentary on BoE Money and Credit announcement

“A cocktail of tightening monetary and fiscal policy, mixed with ongoing inflationary pressures, has put the UK economy on ice, as consumers shy away from...

by Stephen Kiely
November 29th, 2022

Landmark court ruling gives huge hope to cryptocurrency fraud and hacking victims

A victim of cryptocurrency fraud can now obtain information about the perpetrators from exchanges located abroad, after a landmark case that could have huge...

by Stephen Kiely
November 29th, 2022

Napier breaks into Japanese market through new partnership with governance, risk, and compliance firm, GRCS

Napier, the financial crime compliance specialist, has announced that its end-to-end financial crime risk management platform, Napier Continuum, is available...

by Stephen Kiely
November 29th, 2022

BOE Money and Credit data – comment

“The ‘effective’ interest rate, which is the actual interest rate paid, has risen every month in 2022. For newly drawn mortgages the effective interest...

by Stephen Kiely
November 29th, 2022

41% fewer mortgage products under the tree for homebuyers this Christmas

The latest mortgage market analysis by specialist property lending experts, Octane Capital, has revealed that those looking to scour the market for a mortgage...

by Stephen Kiely
November 29th, 2022

Survey reveals the UK’s money-laundering hotspots

If you’re a Russian kleptocrat who wants to launder money through the UK to help finance Putin’s war in Ukraine, do it in Northern Ireland. New data has...

by Stephen Kiely
November 28th, 2022

Mercantile Trust accepts automated bridging valuations up to 75% LTV

Mercantile Trust, the specialist bridging, buy-to-let and commercial lender, has introduced Automated Valuation Models (AVMs) into its bridging loan process....

by Stephen Kiely
November 28th, 2022

Tuscan Capital appoints Jade Lidiard as underwriter

Tuscan Capital, the short-term property finance specialist, has today announced that Jade Lidiard has joined the lender as Underwriter. Jade joins Tuscan...

by Stephen Kiely
November 28th, 2022

FICO Achieves Top 5 Ranking in the 2023 Chartis RiskTech100® Annual Report

Global analytics software provider FICO announced it moved up a spot from sixth place to top five for the first-time in the Chartis Research RiskTech100®...

by Stephen Kiely
November 28th, 2022

One in ten have been a victim of financial abuse: what can you do?

The police recorded 910,980 domestic abuse-related crimes in the year to March 2022 – up 7.7% in a year. 85% of domestic partner abuse is non-violent, and of...

by Stephen Kiely
November 28th, 2022

Biggest weekend for online shopping beckons scammers

During the weekend between Black Friday and Cyber Monday, fraudsters are targeting online shoppers by offering bogus discounts and deals, spoofing websites of...

by Stephen Kiely
November 28th, 2022

Police to text 70,000 victims in UK’s biggest anti-fraud operation – comments from expert fraud lawyer

Further to the news that the Police have begun texting 70,000 victims of a major banking scam in the UK’s biggest anti-fraud operation, Nicola McKinney,...

by Stephen Kiely
November 25th, 2022

AYLIEN makes waves with trailblazing financial services innovation

Dublin, Ireland – AYLIEN, the award-winning news intelligence startup has today unveiled a pioneering breakthrough in financial services risk management...

by Stephen Kiely
November 24th, 2022

Homebuyer feeding frenzy starts to slow as less homes selling within two weeks of reaching the market

Research by estate and lettings agent, Barrows and Forrester, has revealed that the frantic market conditions of the pandemic property market boom have started...

by Stephen Kiely
November 24th, 2022

Fleet Mortgages announce rate cuts across all five- and seven-year fixes

Fleet Mortgages, the buy-to-let specialist lender, has today announced rate cuts across all five- and seven-year fixed-rate mortgages for both 65% and 75% LTV....

by Stephen Kiely
November 24th, 2022

Black Friday weekend set to be bleaker this year amid cost-of-living storm

£8.7 billion is expected to be spent during the Black Friday weekend (Fri-Mon). That represents a 0.8% increase in sales but volumes are expected to be lower....

by Stephen Kiely
November 24th, 2022

Mortgage approvals forecast to dip by 13% for residential property purchases

The latest mortgage market analysis by specialist property lending experts, Octane Capital, has revealed that the level of mortgage approvals seen across the...

by Stephen Kiely
November 23rd, 2022

1 in 10 Data Breaches Affect Finance Sector, ICO Data Reveals

As National Computer Security Day approaches on 30th November, latest ICO data reveals the finance, insurance and credit sector is one of the top offenders for...

by Stephen Kiely
November 23rd, 2022

EY UK Future Consumer Index: Consumers cut back spending for Christmas as cost-of-living crisis intensifies

As Black Friday approaches, the latest EY Future Consumer Index finds that nearly half of UK consumers (43%) expect to spend less over the festive season...

by Stephen Kiely
November 23rd, 2022

Creditinfo hires Sipartech veteran Bertrand de Leusse as CFO

Creditinfo Group, the credit bureau, today announced it has appointed Bertrand de Leusse as Chief Financial Officer (CFO). De Leusse joins Creditinfo to...

by Stephen Kiely
November 23rd, 2022

FLA response to FCA proposals for the credit information market

Commenting on the Financial Conduct Authority’s proposals on the operation of the credit information market, Fiona Hoyle, Director of Consumer and Mortgage...

by Stephen Kiely
November 23rd, 2022

Estate agent AML checks up by 31% already in 2022

Research by Credas Technologies, the leading identity verification checks provider, reveals that anti-money laundering registrations in the real estate sector...

by Stephen Kiely
November 22nd, 2022

Atom re-introduces competitive Prime and Near Prime mortgage products

Atom bank, the UK’s first app-based bank, is today (22 November 2022) re-introducing a suite of Near Prime and Prime mortgage products with competitive...

by Stephen Kiely
November 22nd, 2022

Scotland gets the income and expenditure treatment, powered by IE HUB

IE HUB and Money Advice Scotland have entered into an agreement to deliver a Scotland-centric version of IE HUB’s free-to-use income and expenditure tool....

by Stephen Kiely
November 22nd, 2022

Over half of Brits have been targeted by fraud

The number of people searching online for ‘Fraud prevention’ has increased 22% this month. With a 17% increase in fraudulent activity year on year,...

by Stephen Kiely
November 22nd, 2022

FICO UK Credit Card Market Report: September 2022

FICO’s latest report of UK card trends — for September 2022 — provides clear signs of consumer indebtedness as the cost of living crisis impacts...

by Stephen Kiely
November 21st, 2022

Hunt wields the scalpel, not the axe

The Autumn Statement was a sensible and measured response to the fiscal challenges facing the country, the Centre for Policy Studies (CPS) said today. While it...

by Stephen Kiely
November 18th, 2022

Autumn Statement: Credit sector must ensure lending takes care of vulnerable borrowers

“The Chancellor opened his Autumn Statement saying that inflation is the enemy of stability, and backed this up with a range of fiscal measures designed to...

by Stephen Kiely
November 18th, 2022

Reaction to Autumn Budget statement from Tommaso Aquilante

“Over recent months, inflationary pressures have become widespread, pushing central banks to rise interest rates to levels unseen for more than a decade,...

by Stephen Kiely
November 17th, 2022

Zephyr Homeloans launches new five-year fixed rate mortgage product

Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a new five-year fixed mortgage product. The lender said it’s offering...

by Stephen Kiely
November 17th, 2022

FSB Scotland: Inflation figures yet another body blow for small firms

Responding to the news that the rate of inflation has risen to 11.1% this month, up from 10.1% last month, the Federation of Small Businesses’ (FSB) Scotland...