Mortgages

HBOS's specialist mortgage arm, The Mortgage Business (TMB), is to close it was announced today.

Nine in ten Britons with an endowment policy believe they were victims of mis-selling, according to research by Fairinvestment.co.uk.

First time buyers (FTBs) are slowly starting to return to the market as affordability improves and lenders reduce mortgage rates, according to Spicerhaart Financial Services.

Coventry Building Society has added two new offset mortgages with fee-free options to its range.

Intermediaries are seeing their share of the mortgage market eroded, according to figures from the Council of Mortgage Lenders (CML).

The FSA has banned a mortgage broker and his wife for submitting false income information on a personal loan application.

The Building Societies Association (BSA) has recruited Paul Broadhead, deputy director-general of the Association of Home Information Pack Providers, as head of mortgage policy.

Bridgewater Equity Release has appointed a new team, with the sole focus on assisting the intermediary distribution channel.

The number of mortgage products available in the UK has fallen by over two thirds in the past twelve months, according to Moneyfacts.co.uk.

Advisers are reporting an upturn in equity release enquiries during the last three months, according to research from Hodge Equity Release.