Mortgages

The Association of Mortgage Intermediaries has signalled its desire to work with mortgage lenders to resolve issues raised in today's FSA report on the sub-prime mortgage market.

The FSA has begun enforcement proceedings against five intermediary firms in the sub-prime mortgage market after finding "weaknesses" in lending practices and in firms' assessments of a consumer's ability to afford a mortgage.

One in four homeowners would consider lying on a Home Information Pack application in order to get round the system, according to Saga Home Insurance.

Mortgage lender Truestone Private Finance has observed a developing trend of ‘down valuing' amongst certain surveyors.

Two in five UK homeowners do not compare all mortgages before taking one out, despite citing interest rates as the most important factor when considering a mortgage, according to Moneysupermarket.com.

In the face of rising house price inflation and interest rate hikes, the number of homebuyers opting...

The number of mortgage approvals rose in May despite rising interest rates and house prices, according to the Bank of England.

Average rents have risen for the sixth consecutive month despite fears that the buy-to-let market will soon experience a downturn, according to Paragon.

The buy-to-let market has seen a 30-fold increase in the ten years that Tony Blair was Prime Minister, according to research from the Council of Mortgage Lenders.

With 30,000 UK mortgages in trouble, a broker is calling on lenders to drop early redemption charges (ERCs) for customers in arrears.