lending

Advisers urged not to overlook risks of asset class

Buy-to-let mortgages and property investment clubs should be FSA regulated, according to the British Property Federation (BPF).

HSBC is making an additional £0.5bn of mortgage funding available to homebuyers with deposits of 10%.

The number of mortgages approved by major banks in August is up by 81% over the past year, figures from the British Bankers' Association (BBA) show.

House prices are predicted to rise 20% by 2014 due to a lack of supply and increased demand, according to the latest forecast from the National Housing Federation (NHF).

Mortgage approvals hit their highest level since March 2008, according to the latest statistics from the British Bankers Association (BBA).

Gross mortgage lending rose 17% in June due to seasonal factors, according to new figures from the Council of Mortgage Lenders (CML).

More than half of mortgage brokers want the FSA to regulate the buy-to-let (BTL) market.

Banks and building societies are preventing home ownership, according to a poll commissioned by the National Association of Estate Agents (NAEA).

Lower property values have pushed the overall value of new lending through equity release plans down 41% from £319m in Q2 2008 to £189m in Q2 2009.