Mortgages

Leeds Building Society has today launched two 10-year fixed rate mortgage products for customers who are worried about the impact of interest rate rises.

Home & Capital has appointed Simon Little as business development director. He will take up is role next Wednesday.

A quarter of homeowners would consider taking on a lodger to combat interest rate rises and boost their incomes, according to Propertyfinder.com.

Mortgage lenders could be making up for lost exit fee revenues, caused by an FSA investigation into the true cost of exit fees, by charging more from other fees, according to Moneyfacts.co.uk.

Mortgage brokers should take a "rigorous and industry respected" qualification in treating customers fairly after it emerged two firms had been fined and another handed a public censure by the FSA for management failings.

The FSA says most mortgage lenders have dropped controversial mortgage exit administration fees (MEAFs) in response to an FSA Statement of Good Practice released in January.

Home Information Packs have finally gone live on all homes with four bedrooms or more after months of criticism and speculation.

Landlords are expecting their portfolios to double in size over the next five years, despite worries that they might be stretched by rising interest rates, according to Mortgage Trust.

Specialist intermediary lender, Unity Homeloans, has launched a new range of buy-to-let mortgages, some of which are designed to give investors with bad credit histories a chance to cash in on buy-to-let opportunities.

The Royal Bank of Scotland and HBOS have become the latest mortgage lenders to drop their exit fees on the deadline for firms to justify their fees to the FSA.