The number of mortgage approvals increased around 4% on a monthly and yearly basis in July to 74,590, as gross mortgage lending remained flat for a third consecutive month at £7.6bn, the British Bankers' Association (BBA)reports.

The average age when potential first-time buyers expect to get on the property ladder is 35-years-old.

Only one in ten mortgage mis-selling cases brought by claims management firms are upheld by the Financial Ombudsman Service (FOS).

The figures that reveal a different market to that seen by borrowers

House prices rose just 0.2% in July, as the combination of low demand and slowly increasing housing supply continued to kept values flat, according to Nationwide.

Industry must work together to fight criminal applications

Phil Whitehouse of The Mortgage Alliance on how brokers can mitigate the impact of dual-pricing

The FSA has confirmed it will delay publishing its next Mortgage Market Review (MMR) consultation paper until early autumn, as it seeks to strike the right level of regulation for consumer protection.

The 8.1% increase in house prices in the first half of 2011 will largely reverse in the next six months, as oversupply of property runs up against lack of funding, according to Rightmove.

Former chartered surveyor Ian McGarry, jailed yesterday for seven years for his part in a £50m mortgage fraud, is to appeal the sentence, which his solicitor branded as "manifestly excessive".