Mortgages

House price increases have slowed again figures published by the Office of the Deputy Prime Minister suggest.

Half of homeowners facing a shortfall on their endowment mortgage have failed to take action, according to research from mortgage broker L&C.

Halifax and investment bank Merrill Lynch have produced separate reports suggesting the UK housing market may be heading for the freezer rather than the fridge.

Landlord Mortgages, specialist in offering buy-to-let mortgages, says anecdotal evidence suggests letting agents nationwide are exaggerating potential investor returns by up to 18.5% above rents offered tenants.

One in ten university graduates cannot see themselves ever getting onto the property ladder, according to a survey commissioned by Scottish Widows Bank.

For clients struggling to raise cash to pay for long term care, equity release could be an option. Peter Fisher explains

An equity release trading platform from The Exchange will allow intermediaries and networks to apply own branding for use in websites and intranets.

Public borrowing in the mortgage sector is now falling according to the latest statistics from the Bank of England, as the latest increase in lending is now lower than in previous months and fewer loans are being approved.

Newly launched mortgage network First4brokers has unveiled an online 'fastrack approval' process which it says clears an adviser's FSA authorisation to trade within just 14 days.

Mortgage introducer MoneyNet has taken the bold step of suspending "a number" of its existing mortgage brokers who might have to stop operating once new regulations comes into force next month.