Industry

Home information packs (Hip) could potentially wipe up to £5.7bn in gross domestic product from the UK economy and make almost 100,000 people jobless in the first year of their introduction, an independent report has said today.

The Council of Mortgage Lenders (CML) has revised up its forecasts for housing market activity for 2006 and 2007, saying it now expects house prices to end this year 7% higher than at the start up from 2% in February.

The Association of British Insurers (ABI) has published the final version of its guidance on reviewable rate protection insurance following an initial consultation paper in May 2005.

A drop in the number of houses on the market and a rise in the use of offset and lifetime mortgages are some of the developments speakers on IFAonline TV expect to see in the near future.

A mortgage should be regarded as a financial planning tool to help people at different stages of their lives, according to industry figures speaking on IFAonline TV.

treating customers fairly

GMAC-RFC has fully integrated its point of sale (POS) system with Trigold's Electronic Trading Centre.

Recent data on the buy-to-let market suggests a strong year for residential property investment, claims Paragon Mortgages.

Trigold has teamed up with Focus Business Solutions to produce a new mortgage application service called ‘Z-apps'.

Gross mortgage lending totalled £21.8bn in February, 5% lower than January's £23bn but 22% higher than the £17.9bn lent in February 2005, according to the Council of Mortgage Lenders (CML).