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Consumer Credit Lending at its Highest in Almost 3 Years

Consumer Credit Lending at its Highest in Almost 3 Years

The UK’s leading financial capability charity The Money Charity released The Money Statistics, on October 10th 2014, giving an overview of the financial situation in the UK......

Seconds products hit post-crash high

Seconds products hit post-crash high

Although the holiday slump hit secured lending figures with a monthly drop of 13.65 per cent, it has been found that secured loan products have reached a record high… ...

86% of advisers believe they are put in a disadvantaged position with the FOS process

86% of advisers believe they are put in a disadvantaged position with the FOS process

The results of a survey conducted by Panacea Adviser asking financial advisers their views on, and experience of, the Financial Ombudsman Service (FOS) has revealed ongoing mistrust......

25 per cent are struggling to repay mortgages

25 per cent are struggling to repay mortgages

The Simon Communities has revealed in a recent report that one in four are worried about losing their home over mortgage repayment difficulties…...

Remortgage lending to reach £80 billion by 2016

Remortgage lending to reach £80 billion by 2016

A new report has revealed that the remortgage market is set to reach a staggering £80 billion by 2016, following results showing it is up 45 per cent from last year… ...

Scottish and Welsh remortgage lending sinks

Scottish and Welsh remortgage lending sinks

Recent statistics released by the Council of Mortgage Lenders (CML) has shown that while London and Northern Ireland has had a surge in lending, Scotland and Wales has shown a decline......

Secured lending up 22% in a year

Secured lending up 22% in a year

Lending statistics have shown a post-recession peak in secured lending after an increase of 22 per cent…...

Remortgage market jolts into action

Remortgage market jolts into action

After months of lying dormant, the remortgage market experienced a surge of activity in July, with remortgage applications up 21 per cent in a month according to the latest National Mortgage Index......

Mortgage activity hits £19bn

Mortgage activity hits £19bn

The Council of Mortgage Lenders estimates that gross mortgage activity reached £19.1 billion in July, which is 7 per cent higher than June (£17.9 billion), 15 per cent higher than July last year (£16....

Household lending hits pre-crash highs

Household lending hits pre-crash highs

The BBA has released figures on the latest household borrowing trends, revealing that the number of mortgage approvals has risen above 70 per cent for the first time since the crash… ...



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