Mortgages

Paaleads.com says it will no longer allow brokers to select the third party source of their customer leads.

Northern Rock has been accused of aggressively repossessing homes from struggling mortgage customers by the charity Credit Action.

Many building societies are failing to put their members first by passing on the Bank of England's recent base rate cut.

Former AMI director Richard Farr has given his backing to new compliance and redress advice service Telos Compliance which launches today.

Royal Bank of Scotland has cut rates on some of its intermediary mortgages today.

Two directors of a mortgage brokerage have been fined a total of £60,000 for failures in self-cert mortgage sales, which could have led to fraud.

Nationwide will cut its base mortgage rate by 0.3% from 1 November, well below the 0.5% cut made by the Bank of England.

Demand for rented accommodation has risen to record levels in the third quarter of 2008 as increasing numbers put off home purchase until the housing market turns around.

Sale and rentback scheme need statutory regulation to improve consumer protection, says the Office of Fair Trading (OFT).

Property selling prices in London are down 20% since their peak last year and will continue to fall in 2009, according to estate agents Kinleigh Folkard & Hayward (KFH).