In today’s bulletin:
General update
Cost of Compliance – follow-up – CSA report
Options for dealing with your debts
Call for Input: Modernising the Redress System
PayPlan first IVA volume provider to fully adopt IVA Integrity Score
Privacy Enhancing Technologies: cost-benefit awareness tool
Collaborations
Events
General update
Why are mortgage rates going up?
This is a question that the BBC has posed when the Bank of England rate has gone down. About 800,000 fixed-rate mortgages, currently with an interest rate of 3% or below, are expected to expire every year, on average, until the end of 2027. The Bank of England has said that future interest rate cuts may not come as often and as quickly as previously thought. In the words of one mortgage broker, that was because the Budget delivered by Chancellor Rachel Reeves "threw a spanner in the works". Spending pledges risked inflating some prices, something high interest rates are designed to control. The UK economy barely grew between Ju...
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