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Mortgages

Industry

Mortgage finance availability leads to optimism

A perceived increase in the availability of mortgage finance has led to cautious optimism in the property market, according to the Building Societies Association (BSA) Property Tracker survey.

clock 16 September 2009 •

Industry

Mortgage availability provides property boost

Nearly 60% of people believe now is a good time to buy a property, according to the Building Societies Association (BSA) Property Tracker survey.

clock 16 September 2009 •

Industry

Four arrested over £9m mortgage fraud

Four men have been arrested by the City of London Police over a £9m mortgage fraud against a major insurance company.

clock 16 September 2009 •

Industry

Bank of Scotland tops mortgage complaints list

Bank of Scotland received the highest amount of complaints relating to mortgages and home finance in the first six months of the year, Financial Ombudsman Service (FOS) figures show.

clock 15 September 2009 •

Industry

Possessions and arrears fall in Q2

The number of new possessions and arrears cases fell in Q2 2009, according to the latest statistics from the FSA.

clock 15 September 2009 •

Industry

Mortgage broker banned for inadequate controls

The FSA has banned Manchester mortgage broker Arthur Kirk, trading as Grosvenor Mortgage Advice Centre, for failing to establish proper systems and controls at his business.

clock 15 September 2009 •

Mortgages

Only 3% of struggling borrowers lose homes - BSA

Just 3% of mortgage borrowers who fall into arrears end up losing their homes, according to the Building Societies Association (BSA).

clock 14 September 2009 •

Mortgages

Mortgage lending shows 'material' growth in July

Lending to house buyers jumped in July from the year before, according to figures from the Council of Mortgage Lenders, adding to evidence of a revival in the UK housing market.

clock 14 September 2009 •

Mortgages

Adviser complaints aginst lenders soar 64%

Adviser complaints against mortgage lender service levels and practices have jumped by almost two thirds in the past twelve months, according to Sesame.

clock 14 September 2009 •

Industry

Mortgage broker fined in landmark FSA prosecution

In the first criminal prosecution of its kind by the FSA, a mortgage broker has been fined £6,000 for failing to notify the regulator about a change in control at a regulated firm.

clock 10 September 2009 •
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