Which? has denied a new mortgage advice service is a rejection of the current advice market, as brokers gave a mixed response to the launch.

More than half of mortgage loans made between 2005 and 2009 would not have been granted if FSA proposals on responsible lending had already been in place, according to the Council of Mortgage Lenders (CML).

A Nottingham Building Society employee has been jailed for stealing tens of thousands of pounds from the mutual and her elderly stepfather.

Residential property sales activity fell 10.1% in September but remains 4.7% up on 2009.

Firms risk missing out on £200m of backdated small business rate relief as many local councils have failed to provide owners with adequate information on the scheme, warns property specialist LeaseholdersUnited.

Nationwide's head economist has forecast the base rate may not rise from its historic low of 0.5% until 2012.

Northern Rock is set to sell off part of its mortgage back book in an attempt to repay around two-thirds of its £22.5bn government loan.

Gross mortgage lending fell 14% in August to an estimated £11.4bn, the lowest figure for the month since 2000, according to the CML.

Future sales expectations rose in August, despite the balance of newly agreed sales falling to its lowest level in two years, according to the Royal Institution of Chartered Surveyors (RICS).

Unforeseen costs cause 21% of UK homebuyers to go over their initial budget by an average of £23,000, with subsequent spending on the property pushing that figure to over £30,000.