The chief executive of the Association of Mortgage Intermediaries (AMI) has hit out at the Financial Services Authority (FSA) over its failure to launch an individual registration scheme for mortgage advisers.

Accord Mortgages has launched a ten-day sale on six of its mortgage products.

Adrian Coles, the director-general of the Building Societies Association, is to step down from his role later this year.

House prices ended 2012 on a high with growth in the final quarter of the year, according to the latest Halifax house price index.

The mortgage broker market has bottomed out and will see the intermediary market continue to grow in 2013, according to the Association of Mortgage Intermediaries (AMI).

Gross mortgage lending by banks rose to £7.5bn in October, according to data released by the British Bankers' Association.

The Financial Services Authority (FSA) has published final rules on mortgage selling, convinced they will "put common sense at the heart of the market" and prevent borrowers taking out unaffordable deals.

House prices across England and Wales rose 0.3% over the past year, buoyed by continued growth in the London market, according to the latest house price data from the Land Registry.

Abbey for Intermediaries is to reduce rates on a number of its mortgage products.

Aviva is set to expand its equity release pilot scheme, following a successful trial period earlier this year.