Mortgages

Million pound property sales across Britain in the first half of 2005 were 26% lower than in the first six months of 2004, according to new Halifax research.

Classic Network Solutions is to use The Exchange's Exweb Broker portal to support its mortgage advisers in the sale of protection products.

The Council of Mortgage Lenders has called on the European Commission to remove barriers which discourage lenders from operating in new markets, rather than to attempt to stimulate cross-border mortgage shopping within the European Union.

House price inflation dropped by 1% in July to 4% for the month with house prices standing at a national average of £186,207 up from £184,162 in June, say the latest figures from the Office of the Deputy Prime Minister (ODPM).

The autumn is expected to see an increase in activity in the housing market, according to new research.

Home of Choice has chosen Trigold as the exclusive system for its network members.

The Office of Fair Trading has issued new guidance which reveals the Unfair Terms in Consumer Contracts regulations also apply to tenancy contracts.

The Bank of England's Monetary Policy Committee (MPC) has ignored calls for it to lower interest rates again and maintained the base rate at 4.5%.

Lloyds TSB is expanding its Islamic mortgage offering to four further branches in Slough, Walthamstow, Stevenage and Barkingside.

Last month house prices had their biggest monthly gain since September 2004, research from the Halifax claims.