Latest News
Insolvency and debt figures on the increase as people seek money advice Thursday 8th May 2008 - 10:45
Insolvency rates have increased in first part of 2008The number of people going insolvent looks set to hit a new high in 2008 after rising for the first time in more than a year during the first quarter. A total of 25,264 people in England and Wales were declared insolvent during the period, a...
Debt help to couples! Sunday 13th April 2008 - 15:31
Single people are richer The thought of single life does not appeal to everyone but if you are looking to stay solvent then this could be a good start! Married people spend more money on “love gifts” such as meals out, flowers and holidays and have no fear of using credit to fu...
Debt Consolidation - unforeseeable debt factors Friday 21st March 2008 - 07:30
Personal unsecured debt is rife in the UK and it would be naive to think that all the debt is caused by irresponsible spending. There are various reasons why people end up over committed in debt and in financial difficulties. Many UK consumers see a debt consolidation loan as the answer to their pro...
Debt in the Uk hits crisis levels - Money Advice Group Thursday 20th March 2008 - 22:46
Debt in the UK has hit crisis levels and thousands of UK consumers are opting for debt management/debt re-structure plans to help resolve their financial difficulties. Research has demonstrated, that by only paying the minimum amount on debt can lead to more than 30 years of payments towards credit ...
Money Advice Group Expands Again! Wednesday 19th March 2008 - 13:30
The Money Advice Group announced that it is looking to expand its team of premier players over the next quarter. Money Advice Group is looking to increase the staffing level by 27% over the next quarter alone and this move is linked to the continued success that the Group is experiencing. &nbs...
Secured loans from Oak Loans & Mortgages Monday 17th March 2008 - 10:34
In recent years secured loans have become increasingly popular. More and more of our clients have realised that secured loans are actually the most sensible and affordable way to borrow money. This is something that many homeowners have taken advantage of as the house prices continue to rise and wer...
Budget 2008 Monday 17th March 2008 - 10:20
The Good NewsThe basic rate of income tax will reduce from 22% to 20% from 6th April; this is good news for many taxpayers.The winter fuel allowance will be increased from £200 to £250 for the over 60s and from £300 to £400 for the over 80s. Just over £1 a wee...
The global credit crunch continues to squeeze high street lending Friday 7th March 2008 - 16:57
The mortgage providers are backing away from lending 125 per cent of a property's value, even 100 and 95 per cent mortgages. The easy mortgage may be coming to an end as the lenders are now asking for 10 percent deposit. First-time buyers would have to save on average over £17,000 f...
Credit Crunch Hits Tuesday 4th March 2008 - 17:45
Estimates are that in the 10 months till the end of 2008 nearly 100,000 home owners will be coming to the end of their fixed rate mortgages.It is feared by the majority, that a high volume of these people will not be able to borrow elsewhere and they will also struggle to pay their new rat...
Egg cancel 160,000 credit cards Tuesday 5th February 2008 - 12:00
Online bank, Egg has started issuing letters to 160,000 of their customers informing them that their credit cards will be stopped within the next 35 days. The bank has sent letters to customers with a "higher than acceptable risk profile" informing them that their credit cards w...
Homeowners at risk due to economic slow down Monday 4th February 2008 - 09:00
The Financial Services Authority (FSA) recently warned that millions of homeowners risk losing their homes in coming economic slowdown. High energy prices, sluggish growth and excessive borrowing are likely to leave many first time buyers in severe financial trouble with repossession a very real pos...
Struggling with post-Christmas debt? How could the Money Advice Group help? Wednesday 23rd January 2008 - 17:30
Are you struggling with debts following Christmas? Do you have money management or debt problems and are worried about how to meet the cost of loan or credit card repayments? The Money Advice Group's best advice model offers a number of financial solutions from debt management plans and IVAs from ht...
New Lending manager for Oak Loans & Mortgages Wednesday 23rd January 2008 - 11:17
The recent “credit crunch” has impacted massively on small and large brokers throughout the Country. Brokers and lenders have had to make some fundamental changes to the business and in some case redundancies. Oak Loans & Mortgages have taken this opportunity to appoint Lee Slack as ...
Debt Help and Advice in January 2008 Thursday 17th January 2008 - 13:30
The Money Advice Group has received a record number of calls from people looking to make a fresh financial start. Lee Parkin Head of Group Sales said “The number of people looking for debt advice to resolve financial difficulties has gone up by 127% compared to the number of calls in Janu...
Christmas Debt Monday 24th December 2007 - 14:06
People in the UK are expected to massively increase their spending on credit and debit cards in the run up to Christmas. On average, £7,600 per second will be spent on credit and debit cards during Christmas, according to the Credit Card Research Group (CCRG). Money Advice Group is e...
Interest Rates Cut Sunday 9th December 2007 - 21:48
Homebuyers will see mortgage costs cut after the Bank of England reduced interest rates by a quarter of a percentage point from 5.75pc to 5.5pc this week
Children in Need Update Wednesday 21st November 2007 - 09:00
Thanks to the generosity of our staff, the Money Advice Group raised over £300 for Children in Need with their ‘casual dress down day’.
The Money Advice Group supports Children In Need Friday 16th November 2007 - 08:30
In addition to its own selected charities, the Money Advice Group will be supporting this years Children In Need on Friday 16th November.In line with this years theme of ‘do something different’ staff will be having a casual ‘dress down day’ with all donations going to Childr...
UK repossessions to rise in 2008 Tuesday 13th November 2007 - 16:46
The Council of Mortgage Lenders has reported that the number of UK repossessions is likely to rise by 50% in 2008. The effects of increased interest rates along with council tax and other household bills could push those already struggling with debt to their financial limit. &...
Net consumer debts hold whilst house prices fall Tuesday 13th November 2007 - 16:44
The Royal Institution of Chartered Surveyors has reported that UK debts have held at 1.4 trillion pounds whilst house prices have fallen for the first time in 24 months. In addition net consumer credit has risen from 1.1 billion to 1.35 billion pounds whilst net credit card lending has ju...
Borrowing rates up, mortgage approvals down Tuesday 13th November 2007 - 16:43
Fewer mortgages were approved in September 2007 by UK banks than in the previous 26 months, indicating that the property market is starting to cool down. Whilst the borrowing rate for UK home loans have continued to rise following the collapse of the U.S. sub prime mortgage market earlier...
Our Group Portfolio
Kensington Financial Management Consultants
Kensington Financial Management Consultants Ltd is one of the UK’s largest Debt Solutions providers and can arrange Debt Management Plans and IVAs
Oak Loans & Mortgages
Oak Loans & Mortgages are lending solutions specialists and can arrange Mortgages/Re-mortgages, Secured Loans and General Insurance.
Solve My Debt
Solve My Debt are specialists in Individual Voluntary Arrangements and Debt Management Plans.
Money Advice Group Introducers
Enjoying the rewards and benefits of becoming an Introducer for Money Advice Group of companies is easy!
Consolidate My Debt
Consolidate My Debt offers alternative options for people to consolidate debts. Let us help you with your debt worries.