Mortgages

KGB packaging has announced the launch of a mortgage club aim at increasing the choice of lenders and submission options can be offered to its supporting brokers.

Gross lending hit a new monthly record in October reaching £30.3bn, according to the latest data from the Council of Mortgage Lenders (CML).

Cheltenham & Gloucester (C&G) stands accused of applying excessive fees after it said it would refuse a homebuyer survey from an independent chartered surveyor as part of a mortgage application.

Spa towns have higher average house prices than their region, according to research from Halifax Estate Agents.

Recent increases in housing starts and completions in England are slowing, according to figures from the Department for Communities and Local Government.

The Financial Services Authority has raised concerns the move to higher income multiples on mortgages and a possible change in economic circumstances could result in more consumers falling into debt.

Lawyers have been voted as the worst performers in the home buying and selling process for the third consecutive year according the latest annual survey by property search website, PropertyFinder.

Criticisms of the retail financial distribution model by the Financial Services Authority and the Ombudsman Service, particularly over the use of commissions, have provoked a flurry of angry responses from IFAs.

Criticisms of the retail financial distribution model by the Financial Services Authority and the Financial Ombudsman Service, particularly over the use of commissions, have provoked a flurry of angry responses from IFAs.

Remortgaging has hit its lowest level for five years, according to data from the Council of Mortgage Lenders.