Mortgages

The Association of Mortgage Intermediaries (Ami) has today launched its One Year On campaign, calling for input from brokers on their experiences.

Gross mortgage lending grew to £17.8bn in September, the highest monthly total since July 2004 and 6% higher than August the lastest figures from the British Bankers Assocation (BBA) reveal

The number of house repossessions has increased by a startling 55% in the third-quarter of 2005 compared with the same period last year figures released this morning reveal.

Demand for rental property is increasing and landlords are positive about the future of the market as rents are also on the up, claims new research from Mortgage Express.

The Financial Services Authority has come up with a cheeky new approach to revealing the mortgage market and launched a consumer website hosted by cartoon characters in their birthday suits.

The Professional Mortgage Packagers Alliance (PMPA) has this morning announced the launch of a lender designed to deliver mortgage products specifically though its own membership.

Preferred has announced the departure of both managing directors, John Webster and George Patellis.

Property leaders are investigating whether to establish a single, national property ombudsman to deal with consumer complaints.

The Council of Mortgage Lenders has warned today that the rising cost of mortgage regulation is in danger of stifling government aims of further homeownership.

Almost one year on from M-Day, over three-quarters of intermediaries feel being a mortgage broker has become more difficult since regulation was introduced.