Mortgages

Abbey for Intermediaries (AfI) has launched an exclusive broker deal for existing Abbey bank account customers.

The FSA has banned an east London mortgage broker for knowingly submitting "false and misleading" income details in mortgage applications.

Investors should have increasing confidence in a UK economic recovery as the housing market shows strong signs of bottoming, Richard Woolnough believes.

Gross mortgage lending jumped significantly in Q3 compared with the previous quarter as signs of an improving housing market continue, Council of Mortgage Lenders (CML) data shows.

The Post Office has expanded its mortgage offering, with information now available in branches across the UK.

Hopes a victorious Conservative Party will do away with the RDR in its current guise after the next General Election are misplaced, network IFA Intrinsic says.

The FSA has proposed extending its approved persons regime to include individual mortgage advisers in a bid to improve standards and stop rogue employees from moving round the industry.

Lloyds Banking Group will sell its Halifax estate agency to LSL Property Services for just £1, with a loss of 460 jobs, reports the BBC.

The housing market will continue to strengthen over the next few years rendering a dreaded 'double dip' in prices unlikely, investment specialists Assetz says.

FSA intervention in the mortgage sector in the near future could deliver the wrong outcomes for consumers as the market is still not functioning normally, the CML warns.