Mortgages

Applications for fixed rate mortgages are up 30% from a year ago, on the back of falling rates, new research indicates.

Prudential will launch its lifetime mortgage product at the end of September with key facts illustrations available to intermediaries from the end of August.

A clearer process

The increase in total lending to individuals in June, at £8.8m, was less than May and weaker that the previous six month average the latest figures from the Bank of England reveal.

House price inflation has slowed to its lowest rate since 1996 according to the latest figures from Nationwide.

Average total returns on investment within the buy-to-let sector have levelled out at 21% for two months in a row, according to research published yesterday

Interest rates will fall to 4.25% before the end of the year according to Halifax.

Home Information Packs (HIP) will be given a dummy run next year the Office of the Deputy Prime Minister (ODPM) has confirmed today.

The gap between house prices in London and the rest of the country has dropped to its lowest level in eight years according to the latest research from Halifax.

The number of outstanding equity release plans has risen to more than 100,000 for the first time with over 101,600 plans at the end of the second quarter of 2005, research from Key Retirement Solutions (KRS) reveals.