Mortgages

Chancellor George Osborne reports in today's Budget the government will extend the Support for the Mortgage Interest Scheme until 2013.

George Osborne today announced a £250m package to help 10,000 first-time buyers get onto the property ladder in the Budget today.

Mortgage Brain, the mortgage technology solutions provider, has confirmed that it won't be progressing with the proposed acquisition of TrigoldCrystal.

Holloway Friendly has launched a new Income Protection plan tailored specifically for mortgage advisers to sell.

A mortgage adviser has been banned by the regulator for swindling thousands of pounds from clients to pay off debts and then failing to pay the monies back.

Mortgage providers have been criticised for plans to penalise consumers who are paying into pension schemes by restricting the sums they can borrow.

In the latest Mortgage Solutions poll an overwhelming majority of brokers (69%) said they would categorise their business relationship with the Financial Services Authority (FSA) as ‘poor'.

Fourteen people, including a solicitor, surveyors, valuers and mortgage advisers, have appeared in court in Wales charged in connection with an alleged £20m conspiracy to defraud.

A solicitor, who has been accused of committing more than £650,000 worth of mortgage fraud, has been warned by a judge that he faces a prison sentence.

Lloyds-owned mortgage provider Cheltenham & Gloucester is to stop accepting applications via its intermediary business at the end of the month.