Posts

Acute Debt Must Never Be The End Of The World

Why Castlight shines a light on debt prevention.

 

Formula

This apparently is the formula behind the calculation which pinpointed this year’s Blue Monday – the day in January claimed to be the most depressing of the year. Read more

Technology is Changing the Dynamic of the Business World

The cryptocurrency bitcoin continues its upwards trajectory, smashing through new ceilings recently to reach a point where a single bitcoin is now worth more than £12,000 Read more

Creditworthiness is this week’s Big Issue

Lord Bird’s Creditworthiness Assessment Bill 2017-19 will get its second reading in parliament on Friday and the Castlight team will be following its progress carefully. Read more

Creditworthiness is on a Journey, but it needs a Passport

Next week the Creditworthiness Assessment Bill 2017-19 gets its second reading. For the UK’s 11 million renters, this is a bill, which if passed, will level the playing field with mortgage payers. Read more

35 Year Mortgages – Can You Afford Not to Have One?

One in four first time buyers are taking out a mortgage that will last 35 years or more. Claire Miller, writing for the The Mirror, reports this week on a phenomenon, which could see borrowers in mortgage debt all their working lives and possibly well into their 70s. Read more

Castlight – Up for the Challenge

Earlier this month, our COO, Martin Leonard took part in an amazing fundraising event. He was part of a three man relay team that swam the 24 mile length of Loch Lomond to raise money for the Scottish charity John Maurice Aitken Trust, which provides support for those in financial hardship. Read more

Going on a Summer Holiday?

Taking a family of four on a summer holiday now costs an average of £1,212 according to new research quoted on the This is Money financial website. It’s a lot of money but we all, maybe subconsciously, appreciate that taking time out to spend with friends and family is important. Read more

Sub-Prime Lending: Lets Stop the Next Financial Tsunami

10 years ago the US sub-prime mortgage market hit the rocks and triggered a financial tsunami around the world. Many of us, I’m sure, will never forget the sight of panicked queues outside Northern Rock banks as the waves of destruction reached UK shores and began to lap at the doors of our High Street banks.

There were many reasons for the financial crisis – it was, in fact, a perfect storm. Read more

The Bank of Mum and Dad Ends Tomorrow

Last week, it was reported in the press that British parents will lend or give more than £6.5 billion this year to help their children buy their first home. This figure is up from £5 billion in 2016. And it seems that the phenomenon is here to stay. It already has its own acronym. BOMAD. The Bank of Mum and Dad. Read more

Security in a Safer Financial World

Former national rugby referee, past president of The Scottish Rugby Union and Bill Clinton look-alike (see our Meet the Team page) Ed Crozier is also a highly experienced director on the Castlight board. One of the things we particularly value about Ed’s contribution to our team is his expertise in governance and regulation and his commitment to ensuring that everything we do, we do with integrity and thoroughness. Read more