News

What will 2016 bring to the lending market?

What will 2016 bring to the lending market?

04/01/2016

2015 saw a huge jump in lending to individuals, and these figures are still rising. In November, the Bank of England released its Money and Credit statistics and found that total lending to individuals had increased by £4.8 billion. Banks …

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Keep to ‘soft search’ to protect your credit score when shopping for loans

Keep to ‘soft search’ to protect your credit score when shopping for loans

27/04/2015

Personal finance expert Martin Lewis appeared on ITV’s Good Morning Britain this week to recommend some of the best loan deals currently out there. The personal loan market is benefitting from increased competition between established and challenger lenders, which is …

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Cost of living concerns – Brits still feel worse off than before the financial crisis

Cost of living concerns – Brits still feel worse off than before the financial crisis

13/03/2015

The economy is growing, job creation is on the rise and wages are increasing. However, despite this positive outlook, households are still feeling the pinch in what could be a deciding factor in May’s general election. According to our recent …

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Three tips for 2015 financial success

Three tips for 2015 financial success

19/01/2015

The New Year brings new opportunities, a fresh start and even the (distant) prospect of improving weather, but it also comes with the strong possibility of an interest rate rise from the Bank of England, and for some, the lingering …

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Borrowers in the North pay average of £580 more for a loan  But Londoners are least likely to be accepted

Borrowers in the North pay average of £580 more for a loan But Londoners are least likely to be accepted

08/01/2015

Borrowers in the North pay average of £580 more for a loan But Londoners are least likely to be accepted Loan application data from the UK’s largest loan broker, Freedom Finance, reveals that on average, borrowers living in the North …

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Secured lending reaches record-breaking high

Secured lending reaches record-breaking high

15/12/2014

In the aftermath of the credit crunch the secured loan industry has endured a long, tough road to recovery, but the latest secured lending figures tell a much more positive story. Secured lending has reached record-breaking figures, which is great …

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Interview with Maria Nedeva of The Money Principle

Interview with Maria Nedeva of The Money Principle

11/12/2014

Tell us about The Money Principle. When and why did you start your blog? I started The Money Principle three and a half years ago, in March 2011. My blog was born as a combination of two ‘independent’ influences. One, I …

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‘Tis the season to plan your expenditure

‘Tis the season to plan your expenditure

05/12/2014

As autumn draws to a close and the short days of winter confine us to our houses for more of each day, the timing is perfect to sit down and review the household finances, plan expenditure in the run up …

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Secured lending hits £58m in September

Secured lending hits £58m in September

30/10/2014

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This spike in secured lending is the largest we have seen since October 2009, with a 13% increase in September alone. Norton Home Loans and Evolution Money both had ‘a record month’. Paul Stringer, the loans and mortgages director at …

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“Any legal purpose” – a loan for every occasion

“Any legal purpose” – a loan for every occasion

17/09/2014

Last month our lending tool for brokers, The Lending Wizard, completed a single secured loan of £2 million. Given the size of the loan and the complexity involved, we needed a lot of detailed information in order to accurately assess …

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