Financial advisers are as likely to be reported to the Ombudsman by other financial businesses as claims management companies, it has been has revealed.

George Osborne has announced the introduction of a government-backed mortgage lender guarantee in order to help house hunters struggling to find a deposit.

The Confederation of British Industry (CBI) has urged the Chancellor to make house building and home finance the main plank of his upcoming Budget in order to boost confidence in the economy.

The UK has seen a 'sizeable' improvement in the affordability of mortgage payments despite a squeeze on credit, according to a report by ratings agency Fitch.