Mortgages

The FSA has issued further clarification on the required standard of price disclosure on the sale of mortgage payment protection insurance (MPPI) on its website, reiterating that disclosure of the monthly premium alone is not sufficient.

Mortgage approvals continued to dive in October and are now 75% down on this time last year, official statistics suggest.

Royal Bank of Scotland (RBS) is pledging not to start repossession proceedings for a full six months after a customer first falls into arrears.

London Scottish Bank was placed into administration last night with the FSA announcing it would be prevented from accepting further deposits.

Helen Morrissey discusses the annuity market with a panel of experts

Network Data has confirmed eight jobs will go at Mortgage Broking Services (MBSL) as a result of its acquisition of the firm.

The FSA has written to the chief executives of all mortgage lenders and mortgage administrators giving them until January 31 to ensure that their customers facing arrears are being treated fairly.

A seemingly relentless fall in house prices eased off in November after a report urged the Government to act immediately to stimulate the flow of mortgage funds to the UK banking industry.

Mortgage fraud losses in the UK now run to "hundreds of millions of pounds", according to a new report out today.

Brokers should only introduce loan applications to lenders they know and trust, the Association of Short Term Lenders (ASTL) says.