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Borrowers struggling to pay bills jump 40% to 11 million - Vimarsana News

Borrowers struggling to pay bills jump 40% to 11 million

The number of UK consumers who are struggling to meet bills and credit repayments has jumped 40%, or 3.1 million, to 10.9 million from a year ago, says the FCA. The watchdog adds the number of adults who missed bills or loan payments in at least three of the last six months has lifted by 33%, or ...

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Borrowers struggling to pay bills jump 40% to 11 million: FCA  – Mortgage Strategy - Vimarsana News

Borrowers struggling to pay bills jump 40% to 11 million: FCA  – Mortgage Strategy

The number of UK consumers who are struggling to meet bills and credit repayments has jumped 40%, or 3.1 million, to 10.9 million from a year ago, says the Financial Conduct Authority.  The watchdog adds the number of adults who missed bills or loan payments in at least three of the last six months has lifted by 33%,

Equity release v downsizing – which is best? - Vimarsana News

Equity release v downsizing – which is best?

Equity release products are on the rise following a slowdown at the end of 2022. Should you consider one, or is downsizing a better way to hold on to your money?

Over-65s made £17k on their owned homes last year: Key – Mortgage Strategy - Vimarsana News

Over-65s made £17k on their owned homes last year: Key – Mortgage Strategy

Homeowners over the age of 65 made nearly £17,000 on their houses in the last year, despite the recent market uncertainty, Key Later Life Finance has found. New research by the equity release adviser revealed that total property wealth owned outright by over-65s has risen by £167bn – an average of £16,658 for each

AMI confirms board appointments post-election - Mortgage Solutions - Vimarsana News

AMI confirms board appointments post-election - Mortgage Solutions

The Association of Mortgage Intermediaries (AMI) has made five appointments to its board, with three re-elections.