Mortgages

The founder of the modern FSA and its first chairman is urging financial advisers to revisit the files of their more adventurous clients to guard against any "unpleasantness" in the current climate.

The South East of England is the best place to find a property bargain according to property experts.

Gross mortgage lending in the UK is on course for its lowest annual finish since 2000 and will likely fall significantly below official estimates, Council of Mortgage Lenders (CML) figures suggest.

The number of brokers operating in the intermediary mortgage market has further to shrink, according to the latest member survey from the Intermediary Mortgage Lenders Association (IMLA).

Brokers are working extra hours including sacrificing their bank holiday weekends in order to research the latest mortgage deals rates, according to research from Abbey for Intermediaries.

The cost of the average fixed-rate deal has risen in the last month, with borrowers requesting longer term deals hit the hardest, according to Moneyfacts.

IFAs specialising in equity release should ensure they establish and maintain an online presence, according to the latest research from the Equity Release Solicitors' Alliance (ERSA).

The Council of Mortgage lenders (CML) has revealed it is likely to revise its forecast for repossessions in its next housing market forecast update, after admitting its prediction of 75,000 for the year now looks pessimistic.

The FSA today banned a Bradford-based mortgage broker and is rapidly approaching 50 bans since it stepped up its crackdown on mortgage fraud two years ago.

Both first-time buyers and home movers are benefiting from the lowest debt servicing costs since 2004, according to the latest monthly lending survey from the Council of Mortgage Lenders (CML).