Empty

Total: £0.00

 Mailing ListTwitterFacebook  YouTube

When everyone has a home

028 9024 5640: Housing & Debt Helpline for Northern Ireland

Repossession

The coronavirus pandemic has had a devastating impact on all our lives.  As well as health concerns, many have been struggling with financial issues. The option to apply for a mortgage holiday has now ended. Instead,  lenders should offer "tailored support" to any mortgage holder struggling to pay. 

Tagged In

Coronavirus, Repossession

The Centre for Policy Studies, a centre-right thinktank, has recommended changes to Support for Mortgage Interest to ensure that homeowners don't face repossession as a result of job losses caused by the COVID-19 pandemic. 

Tagged In

Coronavirus, Repossession

The Financial Conduct Authority (FCA) has made a number of changes which will give breathing space to people struggling with consumer debt during the lockdown. These temporary measures include assistance for people with overdrafts, credit cards, motor finance packages, payday loans and "buy now pay later" arrangements.

Tagged In

Coronavirus, Regulation, Repossession, Affordability

We've asked experienced housing debt adviser, Denise Callaghan, to look at some of the most important issues facing mortgage holders impacted by the coronavirus crisis. 

Tagged In

Coronavirus, Repossession, Affordability

The FCA has announced a consultation on guidance for firms on the fair treatment of vulnerable consumers. This draft guidance sets out the FCA's view of what the FCA Principles require of firms to ensure that vulnerable consumers are consistently treated fairly by financial services providers. The FCA is seeking comments on the first stage of the consultation by 4 October 2019.

Tagged In

Repossession, Affordability

Welfare reform continues to have a huge impact on the housing situation of low income households in Northern Ireland.  As well as advice agencies the public often approach their constituency offices for help and support with housing issues

Tagged In

Benefits, Repossession, Practical tips, Welfare Reform

The Department for Work and Pensions has confirmed that the interest rate used to calculate interest due on loans for mortgage interest (LMI) has reduced from 1.7% to 1.5%. The interest rate used to calculate the amount of LMI paid to a claimant's lender remains unchanged at 2.61%. 

Tagged In

Benefits, Repossession

Pages

Subscribe to Repossession