Mortgages

State-owned Lloyds Banking Group (LBG) and Royal Bank of Scotland (RBS) are offering preferable mortgage borrowing terms to some of their high net worth customers for the first time since the start of the credit crisis.

Claiming the title of Prime Minister is the key focus of the party leaders, but rent-free living in a £4.5m townhouse in the heart of London is also at stake.

Mortgage lending totaling almost £30bn for the first three months of 2010 represents the lowest quarterly figure since 2000, Council of Mortgage Lenders figures show.

The number of people selling their homes rose in March to its highest level in six months, according to the National Association of Estate Agents (NAEA).

Former clients of defunct adviser firm Network Data have been invited to file for compensation after the FSCS today declared the network in default.

Mortgage brokers are most concerned about attracting new clients and dealing with regulatory change, according to research by NatWest Intermediary Solutions.

The Council of Mortgage Lenders has revealed the number of loans advanced for house purchase rose 12% in February after an "extremely weak" January.

The FSA today fined David Baker, former deputy chief executive of Northern Rock, £504,000 for misreporting mortgage arrears figures.

Homeowners are rushing to put their properties up for sale in a bid to beat the General Election, surveyors said.

Kensington Mortgage Company has been fined £1.225m for the "unfair treatment" of some customers in arrears and has agreed to pay an estimated £1.066m customer redress.