Mortgages

A London mortgage broker who submitted 42 falsified mortgage applications for customers has been banned and fined £103,000 by the FSA.

Prime Minister Gordon Brown is expected to announce a manifesto in Birmingham today which includes plans to remutualise Northern Rock.

A financial adviser has been handed a suspended 10-month prison sentence for mortgage fraud following an investigation which began as an illegal drugs probe.

A hung parliament at the upcoming General Election could add £52 a month to the average mortgage, according to easyroommate.co.uk.

Halifax has reintroduced its first-time buyer and home mover promotion whereby it pays half of the first year's Council Tax to help with the cost of moving home.

Research from NatWest Intermediary Solutions suggests 67% of brokers are optimistic they will write more mortgage business in 2010 than last year.

The Treasury has published a discussion paper on how building societies access capital, detailing options for securing the industry's long-term stability.

Mortgage approvals declined in February for the third consecutive month, Bank of England figures reveal.

The FSA is open to the possibility of spreading adviser remuneration transparency across the board but doesn't believe it would be a popular move.

Mortgage brokers could be dragged into the disclosure of adviser remuneration proposed by the FSA.