Those approaching retirement age may be concerned about their income once they finish work and whether they will be able to live debt free. According to Fair Investment, pensions are “pathetic” and do not provide enough money for older people.…

New research from Abbey Mortgages has found 12 per cent of mortgage holders are planning to overpay in the next six months. A total of three per cent are intending to take advantage of a payment holiday and one per…

Borrowers are finding the rising costs of mortgages and unsecured personal loans too expensive, causing a decline in the number of deals agreed, uSwitch has said. The comparison site found unsecured and mortgage lending has declined by nearly £11 billion…

People who rent their homes may be hit by repossession due to their landlords’ debt management problems. According to new research from the Council of Mortgage Lenders, buy-to-let repossessions are increasing twice as quickly as total mortgage repossessions. Shelter, citing…

Homes in Britain are currently priced 35 per cent higher than most people can afford, a property expert has said. Paul Holmes, chief executive of Firstrung, said “market forces have run amok”. “I think we all have to look at…

GE Money has recommended consumers get professional advice following the release of statistics revealing more people are being accepted for loans and mortgages. Over 3.4 million people have been rejected for secured and unsecured loans, mortgages and remortgages in the…

With mortgage rates increasing over the past year and house prices declining, many consumers may be concerned about debt management problems leading to arrears or suffering from negative equity. According to the National Association of Estate Agents (NAEA) potential buyers…

Shelter, the Council of Mortgage Lenders (CML) and Citizens Advice have joined forces to offer a survival guide for managing mortgage debt. Debt management begins with seeking advice. Professionals can give debt help but speaking to your lender and family…