Mortgages

Sir James Crosby's recommendations for reviving the mortgage market have been condemned by professionals in the property industry.

Borrowers are increasingly turning to long-term mortgage deals as the credit crunch prompts customers to value security ahead of regularly reviewing their mortgage, according to mform.co.uk.

Woolwich has reduced interest rates on some of its buy-to-let mortgage products by as much as half a percentage point.

The Association of Mortgage Intermediaries (AMI) has unveiled a series of roadshows to help mortgage advisers diversify their business.

Building Societies' net lending numbers have hit negative values as lending restrictions continue to tighten.

Many mortgage intermediaries could disappear as the drought in mortgage financing drags on until the end of 2010, warns Treasury adviser James Crosby.

Legal & General has joined Paradigm Mortgage Services' preferred and limited protection panels.

Long-term mortgage deals have become popular with both lenders and borrowers since the onset of the credit crunch, with market share doubling over the past year.

Halifax is set to cut rates on some of its mortgage products by up to 0.3%, it was announced today.

Financial advisers are now able to receive quotes and apply for LV='s flexible lifetime mortgage through Assureweb.