Mortgages

One in four sub-prime mortgage applications would be refused in October 2007, despite being accepted in August, according to The Mortgage Lender (TML).

Derbyshire IFS, the IFA subsidiary of Derbyshire Building Society, has joined forces with Key Retirement Solutions (KRS) as part of an equity release client introduction partnership.

Almost four in five mortgage brokers think the sub-prime crisis in the US will continue to have major repercussions on the cost of borrowing in the UK, according to research from All Types of Mortgages (AToM).

Many people are being advised to use equity release before they retire in order to consolidate their debts in what could be a serious breach of TCF, warns Duncan Young, managing director of equity release provider Retirement Plus.

Less than one in fifteen home buyers recognise low interest rates and inflation as a key reasons for Britain's house price boom, according to research from Propertyfinder.com.

In Retirement Services has launched a dedicated equity release referral service for IFAs to submit business online.

Consumers are increasingly turning to variable rate mortgages as they believe interest rates have now peaked, according to Spicerhaart Financial Services.

Crown Equity Release is to host a series of free seminars to inform IFAs on the options available to homeowners considering unlocking equity.

Abbey has today announced a number of rate reductions to its long-term fixed rate mortgage products.

Paradigm Mortgage Services has today announced its members will have access to Mortgage Brain's point-of-sale, compliance and business management system, The Key.