Santander UK has reported a 21% drop in gross mortgage lending for the first six months of 2011 compared to the same period in 2010.

Sales of equity release plans during the first half of the year rose 5.24% while the amount released by homeowners increased by 3%, Key Retirement Solutions has found.

Four men have been jailed for a total of nine years for fraudulently obtaining mortgages on three properties in Bradford.

Yorkshire Building Society is to acquire the mortgage and savings business of Egg Banking, a subsidiary of Citigroup.

A near-£2bn increase in mortgage lending last month may be no more than a "flash in the pan" reflecting concerted efforts from lenders to meet their mid-year targets, according to chartered surveyor e.surv.

Average UK house prices are unlikely to recover to their previous peak levels until around 2020, according to analysis by Pricewaterhouse Coopers (PwC).

A mortgage broker convicted of making almost £1m from a £2.24m fraud has been ordered to pay back £240,000.

The UK housing market faces "significant headwinds" in the coming months, according to the Halifax.

A senior surveyor who took gifts worth £1m for her part in a £10m mortgage scam for London properties has been convicted of fraud at the Old Bailey.

Mortgage lenders have identified third parties such as solicitors, brokers and valuers as being among the main sources of fraud risk.