Mortgages

IFAs could see a rising compensation culture if more consumers believe they can only expect justice from financial firms with a lawyer by their side, warns the Financial Ombudsman Service.

Only one in three people will be able to afford to buy their own homes in 15 years time unless house building increases, suggest figures released by the ODPM.

Jack Saxton has been appointed managing director of Halifax Intermediaries, taking over from the departing Alan Cleary who is leaving the lender to got to Oakwood with Michael Bolton.

The Bank of England's Montary Policy Committee (MPC) has opted to hold interest rates at 4.5% for the second month in a row.

Annual house price inflation now stands at 3% following a 1.2% rise in prices in September, the latest figures from the Halifax reveal.

New provider, Just Retirement, has announced its launch into the equity release market with a range of products and support services for IFAs.

Prudential has confirmed its new lifetime mortgage product will be open for new business from 17 October.

Just Wills is launching two new scheme to enable IFAs to integrate Will-writing and estate-planning services into their existing practice.

The Oakwood Group, a private equity firm focused on the specialist lending sector has announced the hiring of five senior executives from HBOS including the current head of specialist lending, Michael Bolton.

Property prices paid by investor landlords eased slightly in August compared to the month before, but were still almost £8,400, or 5.5%, higher than in April new research reveals.