Mortgages

Six UK bank bosses are to form a taskforce designed to help get lending to businesses back on track.

Annual house price growth fell to 4.9% in July from 6.3% the previous month, according to Halifax.

Advisers are forecasting a 7.2% quarter-on-quarter spike in mortgage business during Q3 2010.

Chancellor George Osborne has called for a tight rein on pay and bonuses and increased lending from the banks as they prepare to announce a recovery in profits this week.

Nine out of ten of the best two and three-year mortgages are only available direct to consumers, according to moneysupermarket.com.

Bradford & Bingley (B&B) has returned to the black after reporting a loss last year.

The strong growth in the £500,000 plus mortgage market is beginning to slow, according to a property consultancy.

Santander UK has reported its profits rose 10% in the first six months of 2010 to £875m.

House price growth finally ground to a halt in July as prices fell 0.5% for the first time in five months.

Consumer champion Which? has written to the FSA claiming Nationwide Building Society could potentially be in breach of consumer regulations.