Mortgages

The Government says early repayment charges (ERC) on long-term fixed rate mortgage could be removed if interest rate risk is more easily passed through to investors.

Alistair Darling has announced he will abolish stamp duty, but only for people purchasing less than 80% of a property through a shared equity scheme.

The Chancellor, Alistair Darling, has announced he wants to encourage more long-term fixed rate mortgages in today's Budget.

Almost half of mortgage intermediaries believe they have a role to play in helping borrowers that are struggling with arrears and possessions, according to the Intermediary Mortgage Lenders Association (IMLA).

Several of the world's central banks, including the Bank of England, have today provided further funding to help boost the financial markets.

Paragon Group is to restructure its Paragon Mortgage and Mortgage Trust brands to help it weather the credit crunch.

Sesame has called for clear lines of responsibility when clients cannot afford their mortgage as it notes a surge in complaints against brokers.

The buy-to-let sector is booming as the credit squeeze makes it more difficult for first time buyers to get on the property ladder, according to Your Move.

All Types of Mortgages is to begin distributing a high-LTV self-cert mortgage from Kensington it was announced today.

The amount of stamp duty paid by first time buyers has almost doubled over the last five years, according to figures from Halifax.