Mortgages

Mortgage intermediaries are committed to maintaining existing client relationships and place limited reliance on lead generation firms for new business purposes, according to a survey by the Association of Mortgage Intermediaries.

House prices inflation is at its slowest rate for nine years but first-time buyer properties still come at a premium, suggest the latest figures from the Office of the Deputy Prime Minister.

The housing market will remain fairly subdued next year with house prices rising between 0-3% according to the Nationwide Building Society's housing market forecast for 2006.

The Bank of England's Monetary Policy Committee (MPC) has once again voted to hold interest rates at their current level of 4.5%.

The Council of Mortgage Lenders (CML) has urged the European Commission to concentrate on measures that will make it easier to do business across different member states, not just on measures to harmonise consumer protection.

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Gross mortgage lending was £17.5bn in October, according to the latest figures from the British Banker's Association (BBA).

The UK mortgage industry is unlikely to see a significant shift of jobs to offshore locations, according to Homeloan Management (HML)

Financial intermediaries would like to see more high street lenders entering the lifetime mortgage market, according to early findings of the IFAonline's equity release survey.

The government's £600m project to help teachers, nurses and policemen find a place to live is in disarray claim the Liberal Democrats after they published figures revealing one in three 'key worker' homes is standing empty.