Mortgages

Mortgage exit fees are increasing as lenders try to make it more difficult for their present customers to leave them, according to research released yesterday.

Friends Provident has announced that is will launch a mortgage club this later this month.

Affordability constraints on first-time buyers have probably been underestimated as around 20% of FTBs have previously purchased a property, research from the Council of Mortgage Lenders reveals today.

A backbench MP has put forward an early day motion in the House of Commons calling for the regulation of endowment compensation firms.

Torquil Clark is making a major move into the mortgage advice sector after purchasing a mortgage intermediary business previously linked to a national housebuilder.

Interest rates are likely to come down soon according to the latest predictions from BDO Stoy Hayward released today.

Entries for the Chartered Insurance Institute (CII) new examination on lifetime mortgages have exceeded expectations rising to beyond 750 entries.

Annual house price growth has slowed to just 4.1% - its slowest rate since 1996 - according to the latest Nationwide House Price Index.

The increase in net lending to individuals in May was stronger at £9.8bn than in April and the previous six months average, according to the latest figures from the Bank of England.

First-time buyers are finding it tougher than ever to put money aside for their retirement, new research released by Prudential today claims.