Mortgages

Mortgage firms received more than twice the number of complaints in the first half of last year than they did in the first six months of 2006, FSA figures show.

The average number of properties available per UK estate agent has climbed for the first time since April, figures from the National Association of Estate Agents (NAEA) show.

Mortgage repayments outstripped new lending for the first time since records began in July, figures from the Bank of England (BoE) show.

Lenders may make billions of pounds in profit from consumers returning to tracker mortgages, advice firm John Charcol says.

The chief executive of mortgage network Premier has been banned after the FSA said the firm's "remote" relationship with its appointed representatives (ARs) exposed consumers to poor advice and allowed criminal activity to go unchecked.

The UK commercial property market will take more than five years to recover from the losses experienced during the economic downturn, according to research from BNP Paribas Real Estate (BNPRE).

Building societies lent £2.1bn in July, the most this year, figures from the Building Societies Association (BSA) show.

The financial services arm of property firm Savills has reported a loss for the first six months of the year.

Coventry Building Society has today suspended its equity release range, citing the costs of long-term funding in the current market conditions.

The Department for Business Innovation & Skills has confirmed that mortgage brokers who are independent of banks and insurance companies are eligible for the government's £1.3bn Enterprise Finance Scheme.