Mortgages

Alliance & Leicester (A&L) says it is now very near to launching its non-conforming mortgage ranges.

The Derbyshire has expanded its subsidiary, Derbyshire IFS, to offer independent advice on products and services.

The equity release market is being held back by a lack of advisers in the market, according to research released by Defaqto.

House prices rmeained virtually static last month increasing by a mere 0.1% in May, the smallest monthly rise since January's 0.2% fall according to the latest figures from the Halifax.

The Bank of England's Monetary Policy Committee (MPC) has voted to keep the UK base interest rates on hold at 4.5% for the tenth month in a row.

The Council of Mortgage Lenders (CML) has revised up its forecasts for housing market activity for 2006 and 2007, saying it now expects house prices to end this year 7% higher than at the start up from 2% in February.

The Association of British Insurers (ABI) has published the final version of its guidance on reviewable rate protection insurance following an initial consultation paper in May 2005.

The average London house price is now over £250,000 following consecutive price increases over eight months, according to data released by Haart estate agents.

Consumer confidence about taking out a mortgage is returning fuelled by first time buyers, research from Alliance & Leicester (A&L) reveals.

Woolwich has been accused of attempting to poach clients from financial advisers after an IFA discovered the bank is sending letters to consumers inviting them to review their financial arrangements without his knowledge.