Mortgages

Conversion may be a term that has been covered once or twice before but it is something that affects lead sellers as well as lead buyers and this side of the issue often does not get discussed.

HBOS has increased rates on a range of its two-year fixed rate and tracker deals despite calls from Gordon Brown to follow the Bank of England's rate cut lead.

Application fees on a range of two and three-year fixed rate mortgages have almost doubled in the last 12 months, research suggests.

All Types of Mortgages (AToM) is to launch a bridging loans service, called AToM Bridging, in conjunction with GB Finance.

GMAC-RFC is to cut 280 jobs as part of restructuring to cope with the ongoing turmoil and contraction in the mortgage market.

The Bank of England is to provide a further £15bn into the financial markets to ease liquidity concerns following talks between lenders and the Prime Minister.

The FSA has fined a mortgage broker £10,500 for offering unsuitable mortgages to consumers.

Demand for equity release products fell during the first quarter of 2008, possibly due to uncertain economic conditions, according to Key Retirement Solutions (KRS).

Confidence in the UK housing market among surveyors has fallen to its lowest level since records began in 1978, according to the Royal Institute for Chartered Surveyors (RICS).

Almost a quarter of young homeowners are worried about experiencing negative equity as a result of falling property prices, according to a survey by Fool.co.uk.