Mortgages

The secured lending sector is to get a new representative trade body under plans announced yesterday to wind up the Corporation of Finance Brokers (CFB) and incorporate it within the newly formed Association of Finance Brokers (AFB).

Southern Pacific Mortgage Limited (SPML) has launched a full online mortgage application (FMA).

Gross mortgage lending in March stood at £17.7bn and was the highest total for third month of the year on record and 11% above the previous highest March total two years ago, the latest figures from the British Banker's Association (BBA) reveal.

House prices have risen by 0.6% in April, the latest survey from Hometrack claims.

The UK non-conforming mortgage market has a further addition today in the form of what its creators call the first super-brand

Halifax has launched a new website which aims to give first time buyers information and advice about getting onto the housing ladder.

The Financial Services Authority (FSA) has set out plans for the future regulation of Home Reversion plans and Home Purchase plans also known as Islamic mortgages with the date for the introduction of regulation likely to be set for Spring 2007.

Total mortgage borrowing in the UK will pass the £1trn mark early next month, according to the Council of Mortgage Lenders (CML).

House price inflation dropped sharply in April dropping to 0.1% for the month compared with 1.1% in March the latest figures from Nationwide claim.

Partnership Home Loans has launched the first fully medically underwritten impaired health equity release product