All news on the topic: Loans
548
High Court feud as mother brands son “manipulator” in £1m property battle
An alternative therapist who uses gemstones and hands-off massage techniques is suing her millionaire son over claims he threatened to cast her onto “the streets.”
598
Nine universities take government to court over £30,000 student loan clawback row affecting 22,000 students
Nine universities have initiated legal action against the government in a dispute over students being asked to repay loans that were "issued in error".
647
FCA unveils £8.2bn redress scheme for unfair car loans affecting 14 million consumers
Millions of consumers could be eligible for £700 payouts after the City watchdog outlined compensation plans for the car finance scandal.
1264
More than 2,000 UK firms went bust last month, new figures show
The level of company insolvencies spiked in February with cosmetics chain The Body Shop among the high street brands to collapse into administration
790
How to reach out for help if you are struggling under a mountain of debt
The 10th anniversary of Debt Awareness Week is on the horizon, and it's important to know what support is available if you're struggling with debt
1274
Mortgage arrears jump by over 50% in a year, Bank of England figures show
The value of outstanding mortgage balances with arrears increased by 9.2% from the previous quarter, to reach £20.3 billion, which was 50.3% higher than in 2022, the Bank of England said
1149
Man who left school with one GCSE turns £500 overdraft into £350m business
Myprotein founder Oliver Cookson has created a business empire after having a simple idea from going to the gym. He started off with a £500 overdraft but now runs a multi-million pound business
1370
Multiple rate rises have impacted first-time buyers greatly, says UK Finance
The number of mortgages handed out to first-time buyers last year was the lowest since 2013, down 22.4% compared with 2022
848
Mortgage lending to home-movers slumps to lowest level since 1974 - UK Finance
Mortgage lenders handed out 251,000 loans to home-movers, which is a drop of 26% compared to 2022
897
Car dealership Inchcape sees profits surge to £413m, but warns of sales slowdown
The firm posted a 24% hike in pre-tax profits to £413 million for 2023 after sales lifted 12%, when stripping out the boost from a recent acquisition
1037
House prices up for first time in a year with average cost of property now £260k
Across the UK, property values increased by 1.2% annually in February, following a 0.2% fall in January, according to Nationwide Building Society.
792
Brickability shares plummet as building materials firm warns on earnings
The group's shares plunged by as much as 15% in Tuesday morning trading after it said sales will remain under pressure for longer than first feared, affecting earnings
955
What is the biggest money worry keeping you awake at night? Take our poll
A toxic combination of spiralling inflation, unemployment, weak GDP growth, tax cuts and rising housing costs is proving a real headache for many. But which money worry bothers you the most?
1132
Santander's 95% mortgage on new-build homes is boost for 'aspiring homeowners'
The new lower 5% deposit requirement will apply to both new-build houses and flats
716
Buy-to-let mortgage borrowing among the over-55s has 'fallen off a cliff'
The number of later life buy-to-let mortgages handed out to older landlords has more than halved in a year, according to new figures
686
Housing stock value fell £27bn last year, but it's still worth £8.6tn - Savills
The total value of all homes across the UK stands at £8.678 trillion
941
Biggest fall in average two-year fixed mortgage on the market since 2022
The average two-year fixed mortgage rate on the market recorded its biggest month-on-month fall since December 2022 in February, according to a financial information website
662
Bellway sees 'encouraging' signs of buyers returning after interest rates cut
The housebuilder said it has seen a pick-up in reservations since the start of the year
1053
Rising mortgage arrears due to high cost of living and interest rates hikes
UK Finance reports that 93,680 homeowner were in mortgage arrears in the last quarter of 2023
1032
Average house price up £3,785 in January is 'positive' start to year - Halifax
House prices increased for the fourth month with the pace of annual growth now at 2.5%
1257
Interest rates paused at 5.25% - how it affects your mortgage and savings
The Bank of England has paused its base rate for the fourth time in a row at 5.25% - we explain what this means for your mortgage, savings and if you have credit card or loan
1066
Over-50s first-time buyers on rise as deals that run into retirement fuel trend
Mortgage specialist Tembo says the trend is driven by the growing availability of home loan deals aimed at the middle-aged and it taking much longer to save for a deposit
740
UK house prices fall at fastest rate for more than 12 years, says ONS
House prices fell by 2.1% over the 12 months to November 2023 to reach £285,000 on average, the Office for National Statistics
1065
Couple's warning as insulation 'scam' costs £11,000 and leaves home unsellable
The pair were urged to look into their home insulation by a cold caller in the midst of the cost of living crisis, but the project left them thousands of pounds out of pocket
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