British Expats in the EU Face Borrowing Block

Due Diligence

British expats living in the EU have faced a block on borrowing from some British lenders following the UK’s exit from the European Union.  Lenders including Newbury and Marsden Building Societies have adopted the policy however have signalled that the restrictions may only be temporary measures, depending on ongoing negotiations between the UK and EU. …

The FCA on ‘Buy Now Pay Later’ providers

Due Diligence

Buy now Pay later (‘BNPL’) providers like Klarna and Clearpay allow customers to purchase goods in a series of instalments, without the fear of crippling interest rates or a late payment fee. Yet, the appeal of such an offer can often mask the reality that it is in fact, a form of credit. An unintended…