Mortgages

There was good news for home buyers and sellers today as Ruth Kelly offered fresh reassurance over the Government's commitment to Home Information Packs (HIPs).

Mortgage distributor All Types of Mortgage has launched an Individual Voluntary Agreement, backed by accounting firm Grant Thornton.

Mortgage advisers expect the industry to grow to its highest level in eight years, despite the Bank of England's succession of rate hikes.

I used to think the phrase "too many cooks" only applied if one of them was Jamie Oliver. While looking at one website the other day however, it struck me that the same is true of the number of packagers some lenders deal with.

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The Council of Mortgage Lenders (CML) has welcomed the MPC's decision to hold rates at 5.5% but urges borrowers who will be coming to the end of fixed-rate deals in 2007 or 2008 to plan ahead for higher payments.

First-time buyers are now facing very real difficulties in getting a foot on the property ladder.

The number of first time buyers struggling to make mortgage repayments will rise from 2.07m to 2.66m if there is another 0.25% rate increase, according to online mortgage company mform.co.uk.

Pearson Jones, part of the Skipton Building Society Group, has acquired Pace Financial Solutions, Pace Mortgage Solutions and North East Trustees.

One of Spain's largest providers of non-resident mortgages has stopped accepting applications after police raided a mortgage broker accused of providing it with false documents.