Topic: Debt
Equity Release
Men under 65 utilising equity release for mortgage and debt repayment
Economic Abuse
A third of coerced debt victims subsequently declined for a financial product
Debt
Research shows UK homeowners juggling multiple credit cards and overdrafts
Lifetime Mortgage
More customers using lifetime mortgages to repay mortgages and debt
Lifetime Mortgage
25% of lifetime mortgage applicants now using funds for debt and mortgage repayments
Mortgages
25% of struggling homeowners have used credit to afford mortgage payments
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Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
FCA
FCA bans and fines director £755,000 for advice and insurance failures
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance