Mortgages

House prices fall for the sixteenth consecutive month as supply continues to exceed demand the latest Hometrack survey claims.

Mortgage broker Cartel is planning to move into pensions and investments next year, to offer more products to its client base.

Scottish Equitbale has raised concerns about a lack of understanding among intermediaries over what can and should be put into a self-invested personal pension (Sipp).

Figures released this morning by the Council of Morrtgage Lenders (CML) show gross mortgage lending increased by 4.3% to an estimated £28.1bn in September, up from £26.9bn in August.

House prices and mortgage searches inched ahead as home buyers returned to the market after the summer, new research claims.

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to maintain interest rates at their current level of 4.5% when it met earlier this month the minutes from the meeting reveal.

Many insurance companies are not yet fully complying with Financial Services Authority (FSA) rules on the provision of disclosure documents to customers new research indicates.

The Association of British Insurers has urged its members to pay compensation direct to consumers despite the fact they may be dealing with a compensation claims management firm.

General Motors, the parent company of GMAC RFC, says it is exploring the possible sale of a controlling interest in the finance company to a strategic partner.

An electronic identification facility has been added to Platform's online decision tool ‘clickdecision' in a bid to end lengthy evidence-gathering procedures for intermediaries.