News

The UK property transaction process can be so boring! Just recently I heard that the Governments Levelling Up Committee had launched an inquiry into improving the home buying and selling process in England which peaked my interest, so I decided to do some research and here’s what I found: Currently and at its core, the […]

Debt Relief Orders (DROs) A recent announcement. I recently found out that from the 6th April 2024, anyone applying for a Debt Relief Order (DRO) will no longer have to pay the £90 administration fee attached to it. A Debt Relief Order is essentially a tool for people who are unable to pay off their

Debt Consolidation – What is it?? The realities of financial management, particularly mortgage arrears can lead to significant stress but there is a financial strategy that can offer a positive outcome – Debt Consolidation. Debt consolidation is a process that involves combining multiple debts into a single, more manageable loan. This strategy can be particularly

How do credit reporting agencies in the UK work? For many, credit reporting is a somewhat mysterious process. It’s a critical document affecting numerous aspects of your financial life, from securing a mortgage to applying to rent a home. In the UK, credit reporting is managed by three main agencies: Experian, Equifax, and TransUnion. These

Why silence with your lender is not Golden. In the complex relationship between lenders and borrowers, communication plays an important role. For homeowners facing the stress of mortgage arrears, the instinct to retreat into silence can be understandable yet counterproductive.  When lenders stop receiving payments, they start a series of steps designed to engage the

Good News is Good News I had a warming conversation yesterday with a lady we were able to help with her repossession order. Long story short, she got in touch with us as a last resort as she was (in her words) “at my wits end” after receiving a notice to apply for a repossession