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Author profile

Kay McLellan

Articles by Kay McLellan

Mortgages

Call for FSA to probe lenders over survey advice

The FSA has been urged by the Council of the Residential Property Surveyors Association (RPSA) to investigate lenders for failing to advise borrowers they must obtain their own housing survey.

clock 15 June 2011 •

Mortgages

Two jailed for £50m mortgage fraud

A chartered surveyor and property investor have been jailed for a total of 20 years after admitting their role in a £50m commercial mortgage fraud.

clock 15 June 2011 •

Mortgages

Millionaire boxing boss accused of £1.5m mortgage fraud

Scottish millionaire boxing promoter Barry Hughes has appeared in court accused with his wife of committing a £1.5m mortgage fraud.

clock 08 June 2011 •

Mortgages

Halifax: House prices drop 4.2% year-on-year

Annual house prices fell 4.2% in May, as almost static monthly growth saw prices rise just 0.1%, according to Halifax.

clock 07 June 2011 •

Mortgages

House prices fall 1.4%: Halifax

House prices across the UK fell 1.4% in April as the "modest decline" continues, according to Halifax.

clock 09 May 2011 •

Mortgages

LSL offers directors £1.64m incentive

LSL Property Services has awarded nine of its senior directors shares potentially worth more than £1.6m if they meet ambitious growth targets in the next three years.

clock 12 April 2011 •

Industry

Northern Rock slashes 680 jobs

Nationalised lender Northern Rock plc has revealed it is to cut up to 680 jobs by the end of 2011 in an attempt to rein in its costs in "very challenging" trading conditions.

clock 28 March 2011 •

Mortgages

AMI: Budget is missed opportunity for mortgage market

AMI has declared George Osborne's Budget 2011 a "missed opportunity" to encourage greater mortgage lending and address the Stamp Duty system.

clock 24 March 2011 •

Industry

Budget 2011: Stamp Duty for investors to be reformed

Stamp duty land tax rules for bulk buyers of residential property are to be reformed, George Osborne has revealed in the Budget 2011.

clock 23 March 2011 •

Mortgages

Reckless lending 'caused 17,000 repossessions'

Proposals in the Mortgage Market Review (MMR) could have prevented more than 17,000 people from having their homes repossessed due to irresponsible lending, housing charity Shelter claims.

clock 15 March 2011 •
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