The challenges of the UK economy continue and while 2024 economic growth initially exceeded expectations, it has recently shown signs of slowing. Monthly real GDP was flat in both June and July 2024, indicating a pause in expansion. Inflation rose by 2.2% in August 2024, unchanged from July....

Outsourcing has evolved into a strategic tool for businesses worldwide, offering numerous advantages such as cost savings, access to specialised skills and flexibility in operations. Despite its widespread adoption, outsourcing is often plagued by misconceptions that may deter organisations from...

Across the financial services industry, understanding a sector’s vital signs – in sickness and in health – is vital. Electronification and greater regulatory scrutiny have driven a data revolution in public markets but also in one of the world’s largest private asset classes: residential mortgages....

The UK economy continues to navigate a complex landscape. Economic growth in 2024 has exceeded expectations so far, with GDP expanding by 0.4% in May after flat growth in April, suggesting continued growth in Q2. While inflation has improved significantly, it has risen slightly to 2.2% in July from...

Residential mortgage arrears rate drops 0.6% in Q2; first fall since 2022 Buy-to-let arrears increase 10.9%, signalling pressure on landlords New originations recover

Residential mortgage arrears drop for first time and new originations hit highest level since September 2022 Mini-Budget Data from Pepper Advantage’s UK mortgage portfolio shows an improvement in the arrears environment in Q2 2024, with the arrears rate across the country increasing only 1.1%...

Rate of UK arrears growth slowed to 3.9% in Q1 2024 from 5.7% in Q4 2023; lowest quarterly growth rate since Sept 2022 Mini-Budget North East and North West are the only regions in which arrears growth rate increased Failed mortgage payment rate, a leading indicator of borrower stress, falls

Changes in arrears growth and direct debit rejections reflect complex environment for borrowers Q1 data from Pepper Advantage’s UK portfolio shows a slowdown in the growth of mortgages in arrears.1 Overall arrears increased further in the first quarter of 2024, but the decelerating growth rate and...

London and Dublin, 22 July 2024 – Pepper Advantage is pleased to announce Mr Niall Sorohan's appointment as CEO of Pepper Advantage Ireland. Sorohan will take up his appointment on 01 January 2025, bringing with him over 20 years of experience in the financial services industry in Ireland and the...