Mortgages

Shares in HBOS, the group formed by the merger of Bank of Scotland and Halifax, have dropped 2% today after the company announced it would miss profitability targets as it cuts back on mortgage lending.

Britannia and Coventry building societies have both launched innovative mortgage deals to offer consumers the extra financial boost they need to get onto the property ladder.

The Children's Mutual says putting away £75 per month from the time a baby is born is enough to help the average parent put their offspring on the property ladder without resorting to remortgaging their own home or borrowing large sums on an unsecured...

Some specialist lenders will continue to do well even if the housing market turns south as they will be able to rely on a better quality client base, says stockbroker Killik & Co. in a new note.

New advice has been published by the Association of Mortgage Intermediaries to better explain the differences between MCCB and FSA compliance to help mortgage brokers planning to remain in the industry.

The failure of the government and the industry to implement the recommendations set out in the Miles Report is costing UK consumers around £1bn a year, according to Nationwide.

Mortgage lending in the UK slowed down sharply in May as lack of affordability and rising interest rates put a brake on the market, says the Council of Mortgage Lenders.

Parents of young adults looking to get their first property may have to contribute up to £24,000 to make the dream possible, according to a new survey from the Joseph Rowntree Foundation.

One of the government's chief economic advisers Ed Balls has restated Labour's pitch that coming housing policy will reduce the highs and lows of the UK property market.

House prices slowed slightly for the first time in six months, signaling the property market is cooling figures from the Royal Institution of Chartered Surveyors suggest.