One in five struggling to manage debts
The number of people getting help from free debt advice agencies increased in 2011 to 1.54 million people, compared to 1.4 million in 2010, research from...
Arrears mediation
Lenders are increasingly using field agents to interact with borrowers in arrears. Paul Duckworth, director of The Charlbury Group, explains how technology...
Turbulent year for repossession law in Scotland
Denise Loney, head of litigation Scotland at Optima Legal, looks at how repossession proceedings have changed north of the border since a new legal Act...
Entering the new year on a positive note
ASSET MANAGER MARKET VIEW: By Peter Gammon, asset management director at Move with Us
Millions rely on credit to pay for home
Over the past 12 months, almost one million people have taken out a payday loan to help pay their rent or mortgage, according to a new Shelter survey.
2012: Repossessions to rise then fall in...
Repossessions are set to rise by around 7% in 2012, according to HML’s regional repossession forecast, which analyses more than 800,000 mortgage accounts.
Brits prefer to manage their debt online...
Online repayment portals are the top choice (25%) for meeting debt obligations, followed by email messages (21%), according to digital banking provider...
Mortgage arrears and repossessions in the...
There are clear signs of stabilisation in non-performing loans (NPLs) within European countries, an updated study from the European Mortgage Federation...
CML concerned about direct benefit payments...
The CML has expressed concern about government proposals to move away from the Mortgage Interest Direct scheme.
Receivers urged to use ‘alternatives’...
Phil Harling and Adam Fox of law firm Drydens advise LPA receivers on ways to avoid possession proceedings becoming ‘frustrated’