Tag Result: missed payments
Increase in mortgage holders missing essential payments
Just over eight per cent of homeowners with a mortgage missed an essential payment such as...
One in six renters missed essential bill payment in a single month
Almost one in six renters missed an essential payment in a single month, with businesses u...
Mortgage defaults spike in the run-up to Christmas – BoE
Mortgage defaults and missed payments on credit cards and loans both surged at the end of ...
Term extensions and interest-only could bring ‘higher debt burdens in future’, BoE warns
The Bank of England (BoE) has warned that extending mortgage terms and switching to intere...
‘Help to Buy should have been named Help Developers’ ‒ Star Letter 06/10/2023
Each week Mortgage Solutions and its sister title, Specialist Lending Solutions, pick the ...
LiveMore calls on mortgage sector to be ‘extra vigilant’ of vulnerability as arrears rise
Later life lender LiveMore is calling for lenders and brokers to be mindful of the vulnera...
Two and half million families default on bills in return to winter levels
A consumer champion has found the number of households missing essential payments has rise...
Helping adverse clients clear the affordability hurdle – Denman-Molloy
Speak to any broker about the mortgage market at the moment, and the conversation will ine...
Broker criteria searches highlight financial strain on borrowers – Knowledge Bank
Mortgage borrowers are feeling the pressure on their finances, broker searches made on cri...
FCA proposes changes to support for borrowers in financial difficulty
The Financial Conduct Authority (FCA) has launched a consultation to make permanent change...