UK Macroeconomic Snapshot – Shedding light on the diverse economic conditions
Amidst ongoing challenges, the UK's economic outlook continues to present a mixed picture. While inflation has eased slightly, particularly in food prices, persistently high inflation in services poses persistent challenges, potentially prolonging higher interest rates and adding pressure on...
Read morePress Release: Q4 UK Mortgage Arrears Climb Higher
29.5% annual jump in arrears across Pepper Advantage’s 100,000+ UK residential mortgage portfolio Arrears reach another post-financial crisis high Direct Debit Rejections, a form of missed mortgage payment and a leading indicator of borrower stress, grew 30.8% year-on-year Pepper Advantage’s...
Read moreReport: UK Arrears Continue to Climb in Q4
This report is the latest in a series that tracks mortgage data across Pepper Advantage’s UK portfolio of over 100,000 residential mortgages. It is important to note at the outset that our portfolio has a higher composition of borrowers who qualify for needs-based support and are therefore more...
Clay and Pepper Advantage Form Strategic Joint Venture to Power the Next Generation of Lending Startups
Joint Venture will see Clay’s Brandable Credit™ Platform integrated with Pepper Advantage’s proprietary loan management and data analytics platform Pepper Advantage invests seed funding; investment and joint venture will transform the fintech sector by providing a single, integrated platform that...
UK Finance Data Echoes Pepper Advantage Credit Report, Signalling a Difficult Winter Ahead
As the leaves fall and the nights draw in, recent data from UK Finance and Pepper Advantage's own Q3 UK credit intelligence report paint a stark picture of the challenges facing the UK mortgage market this winter. The convergence of these reports signals a period of heightened financial stress for...
UK mortgage arrears rate hits new high
Global credit intelligence provider, Pepper Advantage, has published data on its 100,000+ UK residential mortgage portfolio, which shows a 23.3% annual jump in the arrears rate in Q3 2023 to reach a post-financial crisis high This forecast is corroborated by the rate of Direct Debit Rejections, a...
UK Arrears Hit New High
This report is the latest in a series that tracks mortgage data across Pepper Advantage’s UK portfolio of over 100,000 residential mortgages. It is important to note at the outset that our portfolio has a higher composition of borrowers who qualify for needs-based support and are therefore more...
UK-India trade deal to bridge India's credit gap
UK trade envoys recently visited India as the two countries seek to conclude nearly two years of negotiations. Indian media are reporting that a deal could be reached by the end of the month. A deal would bring the two countries closer together and pave the way for deeper commercial cooperation.