Mortgages

Whereas people would in the past have sought to pay off their mortgages well before retirement, evidence today suggests the pressures of modern life are leading people to hold mortgages much later in life.

The Financial Services Authority (FSA) has given the go-ahead for merger between Mercantile and Leeds Building Society.

Households in the UK are for the first time since the last recession showing signs of having increasing difficulties in paying their debts, new research claims.

The Association of Finance Brokers (Afb) has formally been established it was announced yesterday.

Home information packs (Hip) will do virtually nothing to prevent residential property sales from falling through, according to new research.

Scarborough Building Society Group has sold a mortgage portfolio to Lehman Brothers, the global investment bank, for £180m.

Db Mortgages, the mortgage lending arm of Deutsche Bank, has appointed a further three business development managers.

House price inflation grew slightly faster in May than in previous months, as government figures reveal the average house price at a higher rate than the same time last year.

It's not just young people who are carrying the debt burden as evidence shows pensioners still have debts into their 70s.

The House of Lords European Union (EU) Select Committee has criticised European Commission proposals to harmonise consumer credit legislation across the EU.