Advisers have relied too much on mortgages and should be exploiting the opportunities in protection, said a top mortgage boss.

More than one million under-40s are struggling to cope with debt, leaving them unable to build up assets in the same way as previous generations,according to the Consumer Credit Counselling Service (CCCS).

Barclays is set to increase the maximum LTV of its Woolwich mortgage fixed rate range to 90% LTV from tomorrow.

An entrepreneur, whose mansion was used in the movie The King's Speech, has been jailed for committing fraud totaling £4m.

The Serious Fraud Office (SFO) has begun its prosecution of two men who set up fake companies and changed their names to defraud Allied Irish Bank and Bank of Scotland out of £60m.

House prices continued to "tread water" in September with prices only rising 0.1% during the month, said Nationwide.

Pensioners have been warned by police to keep a lookout when using cash point machines, following a number of "distraction thefts" outside banks and building societies in Coventry.

At least 62 debt management advice firms have had their licences cancelled in the past year after an Office of Fair Trading (OFT) review into the industry.

A spoof documentary showing estate agents as obnoxious, arrogant and sleazy workers has quickly become an internet sensation.

Gross mortgage lending reached an estimated £13.4bn in August, a 10% rise from £12.1bn in August 2010, according to the Council of Mortgage Lenders (CML).