Mortgages

Bradford & Bingley will make an emergency £300m rights issue to strengthen the beleaguered lender's balance sheet.

Government ministers believe UK house prices could fall by up to 10% this year it was revealed in a leaked Cabinet briefing note.

Nationwide is to reduce rates on some of its two-year and five-year fixed rate mortgages from Friday 16 May.

Mortgage lending for house purchase remained low in March, reaching half the levels seen last year, according to the Council of Mortgage Lenders (CML).

The UK housing market has continued to weaken, with ever larger numbers of surveyors reporting house price falls, according to the Royal Institute of Chartered Surveyors (RICS).

Adviser confidence in the mortgage market has fallen to a new low but optimism remains in the protection arena, a quarterly Legal & General (L&G) study suggests.

Arrears at Northern Rock have increased due to a squeeze on the availability of mortgages in recent months.

The Mortgage Advice Bureau (MAB) has teamed up with two estate agents to offer independent mortgage advice to their customers.

FSA chief executive Hector Sants is today accused of making "completely contradictory" statements on the issue of dual pricing in an open letter from mortgage adviser Stuart Duncan.

A majority of buy-to-let investors believe the current housing market presents them with good buying opportunities, according to a survey by Mortgage Express.