Mortgages

House prices are falling on a monthly basis but the Special Liquidity Regime, announced today by the Bank of England, will bring the market back to normal by September, according to Assetz.

Paaleads.com has announced it will filter all leads from customers needing a 96% or above LTV mortgage from tomorrow.

The Special Liquidity Scheme, announced today by the Bank of England, is unlikely to reverse the trend of rising mortgage costs seen in recent weeks, according to the Council of Mortgage Lenders (CML).

The Bank of England has unveiled details of its plans to restart the money markets and prevent further damage to the UK banking system.

A new B2B networking site, IntroducerUK.com, has been launched to allow companies to source new business contacts based on their products, affiliations and lenders.

edeus, the specialist mortgage provider which operates solely through intermediaries, will shift towards asset management and savings as the mortgage market suffers from the credit crunch.

Andy Milburn, former IFA market manager at protection provider progress from Royal Liver, has joined national law firm Goldsmith Williams as head of marketing.

Gross mortgage lending has fallen 17% since March last year to £26.3bn, according to figures from the Council of Mortgage Lenders (CML).

Rooftop Mortgages, US investment bank Bear Stearns' specialist lender, will close at five o'clock tomorrow afternoon.

Mortgage advisers are being hit with a new TCF broadside after claims they may be unnecessarily recommending homebuyers add set-up fees to their mortgage instead of advising they pay them up front.