Report: Pace of UK Mortgage Payment Failures Slows in Q1
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...
Read morePepper Advantage appoints Aaron Milburn UK Managing Director
London, 20 February 2024 – Pepper Advantage, a global credit intelligence company, announces the appointment of Aaron Milburn as UK Managing Director. Aaron will lead Pepper Advantage’s UK business, which manages a portfolio of £20 billion in assets under management, effective immediately. He is...
Press 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...
Report: 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...