Mortgages

Origo has today announced plans to launch a set of e-commerce standards for the mortgage industry within the next two to three years.

House prices across the country are falling at their fastest rate since 1992, according to the latest report from the Royal Institution of Chartered Surveyors (Rics).

SearchFlow and Xit2 have entered into a partnership to enable firms of any size to produce Home Information Packs (Hip).

Annualised house price inflation has been cut in two over the past month after house prices fell nationally, according to latest figures from the Office of the Deputy Prime Minister.

Firms attempting to challenge decisions made by the Financial Ombudsman Service (FOS) will now find doing so very difficult, following a High Court ruling last month, a city lawyer has warned.

The Bank of England's monetary policy committee has voted to maintain interest rates at their current level of 4.75% for the tenth month in a row.

Specialist lender London Scottish Bank is to close eight of its 97 branches claiming the implementation a new IT platform as its main reasons for doing so.

Further pressure is mounting on the Bank of England not to raise the base rate, with Nationwide claiming that consumer confidence is likely to have a big impact on the Monetary Policy Committee's (MpC) decision.

House prices fell by 0.6% last month leaving the market broadly unchanged, according to the latest Haifax House Price Index.

The new owner of Marlborough Stirling has warned there will be job losses at the troubled firm, saying it is targeting savings of £6m a year.