Mortgages

Charges against the London mortgage broker who walked into the England football players' dressing room after the World Cup match against Algeria have been dropped.

Annual house price growth fell for the second consecutive month to 8.7% in June and is likely to continue to drop as measures announced in the emergency Budget hit finances, Nationwide says.

Broker confidence took a significant hit during Q2 of 2010, with two-thirds predicting business will either stagnate or fall in the next three months, according to L&G research.

Openwork has launched a campaign with several mortgage lenders to encourage interest-only borrowers to switch to a capital and repayment loan.

The FSA today confirms plans to make all mortgage advisers, including branch-based staff, and those who arrange non-advised sales personally accountable.

Slower growth caused by the fiscal squeeze will force the Bank of England to keep interest rates lower for longer, according to the centre for economics and business research (cebr).

Clarity Financial Solutions has launched a new ‘broker to broker' protection deal for mortgage intermediaries.

One of the opening comments in George Osborne's Budget speech was that he was "not going to hide hard choices from the British people or bury them in the small print of the Budget documents".

Chancellor George Osbourne has announced insurance premium tax (IPT) will rise.

The FSA says the approved persons regime will cover the whole of the mortgage industry, despite calls it should be limited to the intermediary market.