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Mortgages

Mortgages

Direct mortgage lending has 'bottomed out'

Brokers are still the first port of call for borrowers as mortgage lending via intermediaries rose to 62% of all property finance in Q1 this year.

clock 18 May 2010 •

Mortgages

House purchase lending up 45% in March - CML

House purchase lending increased 45% year-on-year in March, while remortgaging fell 29% annually, according to the CML.

clock 17 May 2010 •

Mortgages

Arrears and repossessions fall in Q1

The number of mortgage borrowers in arrears and properties repossessed both fell in Q1 2010.

clock 13 May 2010 •

Mortgages

Lloyds clamps down on interest-only mortgages

Lloyds Banking Group (LBG) is further tightening the criteria it applies to its Halifax-branded interest-only mortgages and scrapping them completely on homeloans over £500,000.

clock 13 May 2010 •

Mortgages

CML says intermediaries pose 'greater' fraud risk

Intermediaries pose a "far greater" fraud risk to the mortgage market than lenders' advisers, the Council of Mortgage Lenders (CML) says.

clock 10 May 2010 •

Mortgages

House prices flat in April-Halifax

Average UK property prices fell marginally by 0.1% in April, leaving the typical home worth £168,202.

clock 07 May 2010 •

Mortgages

New BSA chairman elected

The Building Societies Association (BSA) has elected Hanley Economic Building Society chief executive David Webster as its chairman for 2010/11.

clock 06 May 2010 •

Mortgages

Hung parliament: Can parties unite over housing?

The main parties have been divided on stamp duty, HIPs and Northern Rock. Can they work together on housing issues?

clock 06 May 2010 •

Mortgages

LSL set to be named Home of Choice buyer

Home of Choice is to announce the new owner of the network tomorrow, with LSL Property Services understood to be the preferred bidder.

clock 04 May 2010 •

Industry

FSA bans brokers for mortgage fraud

The FSA has banned three mortgage brokers from working in regulated financial services and fined a fourth £17,500 for mortgage fraud and advice failings.

clock 30 April 2010 •
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