Net mortgage lending rose by an £5.7bn last month, the second highest figure on record, according to the latest figures from the British Banker's Association (BBA).
First-time buyers still account for nearly 40% of housing market transactions according to new research from Nationwide Building Society.
Norwich Union will be raising the interest rates on its index-linked lifetime mortgage plans, starting today.
Safe Home Income Plans, (Ship) the UK equity release industry body has announced this morning that next August its members will no longer accept business from advisers who do not hold a suitable lifetime mortgages qualification.
The Financial Services Authority (FSA) has warned the practice by some lenders of increasing mortgage exit fees may be unfair to consumers and has asked several of them to consider whether their terms and conditions comply with the principle of treating...
House prices have shown the strongest rise in two years, the latest data from the Royal Institution of Chartered Surveyors (Rics) has stated.
The government has released details of home information packs due to be introduced to the housing market next summer.
Sixteen local authorities are running pilot schemes offering council tax rebates for more energy efficient homes but there are no plans for a national scheme, says the government, despite calls from the House of Commons Environmental Audit Committee for...
Fixed rate mortgages accounted for 71% of all loans for house purchase and remortgage in April, up 2% on March, and 17% on April 2005 new data from the Council of Mortgage Lenders (CML) reveals.
Annual house price inflation outstripped early predictions from the housing industry rising by 5.1% in April up from 3.3% the previous month, according to the government.