Mortgages

The Mortgage Alliance (TMA) one of the UK's biggest mortgage clubs, has launched a dedicated Mortgage Desk for club members.

Homeowners approaching the end of fixed mortgage deals face hikes in both arrangement fees and repayment rates, the Mortgage Advice Bureau has warned.

New research by Standard Life Bank shows parents are paying out more than £4bn a year to help their children get on the property ladder.

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The number of mortgage approvals has fallen for the third month in a row down to just 107,000, leading parts of the industry to suggest the housing market is about to turn.

Consumers consolidating debts into their monthly mortgage repayments could be making an "expensive mistake", according to personal finance data analyst Moneynet.co.uk.

The Bank of England Monetary Policy Committee voted unanimously to raise interest rates earlier this month, although some members questioned whether the increase should have been greater than 0.5%.

Interest rate rises since 2003 have seen mortgage repayments for homeowners on Standard Variable Rates jump by more than £750 a year, according to mform.co.uk

Intermediaries are vital to the future of buy-to-let, according to lender Paragon.

Building societies have been told working towards the FSA's treating customers fairly principles will count for little if they can not assess how effective any changes have been.