Mortgages

Growth in the buy-to-let market is being driven by professional landlords with a long-term investment horizon, according to research by Paragon Mortgages.

A Surrey-based mortgage broker has been banned by the FSA from performing regulated business for reporting failures.

Natwest and the Royal Bank of Scotland (RBS) have announced rate cuts on fixed and tracker mortgages.

Abbey has tightened its lending criteria for interest-only mortgages by reducing the maximum loans available on such deals.

The number of mortgages approved for house purchase fell by 11% in March, according to the latest figures from the Bank of England.

Just Retirement Solutions is to provide Bradford & Bingley customers with advice on equity release products.

Making HIPs into a valuable product for consumers is the next step in the development of the product, according to Easier2Move director Robin Marcus.

Mortgage customers are rapidly shifting towards remortgaging over home purchase loans as concerns about the UK property market grow, according to the Mortgage Advice Bureau (MAB).

The Council of Mortgage Lenders (CML) is urging the European Commission to suspend proposals for the integration of EU mortgage markets.

The Mortgage Business (TMB) has appointed Rob Field as business development manager for West and South West London areas.