In the Autumn Budget, the Chancellor confirmed the Recovery Loan Scheme will be extended until 30 June 2022 to ensure that lenders continue to have the confidence to lend to small and medium-sized businesses . The […]
Rishi Sunak has promised to turn ‘generation rent into generation buy’ in his latest budget announcement with a return to 95% mortgages, previously phased out after the 2008 financial crash. ‘Generation rent’ refers to those […]
In recent years, media attention around PPI, or Payment Protection Insurance has increased drastically. For a time, loan providers were delivering this insurance to customers without asking whether they really needed it. Some people even […]
Applications for CBILS have now closed, and the UK government has launched the recovery loan scheme. These alternatives don’t require assets as security. The COVID-19 pandemic has been hugely disruptive for businesses across the UK, […]
The value of personal guarantee backed business loans to SMEs during the pandemic has risen on average by 45% according to analysis by Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance. As applications […]
Do you want to know where the most creditworthy consumers live? Might be handy info to have for any broker or insurer we reckon. Here’s some data from Share To Buy. The south is home […]
This could be good news for brokers or MGAs, depending on their individual circumstances of course; The UK government has launched the Coronavirus Business Interruption Loan Scheme (CBILS) as it looks to help UK SMEs […]
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