Maximum mortgage age relaxed

As a result of the financial crisis, we are all aware that lenders introduced many more strict rules and criteria to reduce their exposure to risk. Be it an unsecured loan, credit card or mortgage, or if you were a younger or older borrower if affected us all. However it now looks as though at […]


The return of the no deposit 100% mortgage, or is it?

Britain’s biggest lender, Lloyds is to offer a no deposit 100% mortgage to first time buyers in a move that sees lending at pre credit crunch levels. Potential purchasers need no deposit if family can back the loan by moving 10% of price into bank’s saver account. The new Lloyds “Lend a hand” scheme means […]


Consumer lending boom driven by good lending practices

Joint research published yesterday by the Bank of England blog (BoE) and The Financial Conduct Authority (FCA) shows that the rapid growth in consumer lending has been driven by those with good credit scores. Unsecured loans grew rapidly in 2016/2017 amid concerns that lenders had underestimated their borrowers’ risk. Indeed the BoE even ensuring an […]



Is the sub-prime mortgage market back?

Everyone in the financial industry seems to be wary of the term ‘sub-prime’, in reality this relates to those people with poorer credit histories. The 2007-2008 financial crisis had a major impact upon the sub-prime lending market, indeed some claiming that it was practically impossible for a sub-prime candidate to obtain any kind of loan. […]



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