lending

Over two in five of those having difficulty paying their mortgage do not seek advice in dealing with their problems, according to Adam Phillips, chairman of the Financial Services Consumer Panel (FSCP).

Gross mortgage lending declined 2% to £10.3bn in May from April's figure of £10.5bn, according to the latest data from the Council of Mortgage Lenders (CML).

Despite the Bank base rate being held at 0.5%, lenders are increasing average mortgage rates, widening the margin above the Libor, according to Moneysupermarket.

Gross mortgage lending jumped 16% in March to £11.5bn, according to the latest figures from the Council of Mortgage Lenders (CML).

Net lending by UK banks rose slightly in February, up £3.9bn, according to figures from the British Bankers' Association (BBA).

The FSA is considering major reforms of the mortgage market, including the option of regulating loan to value (LTV) ratios.

There were almost 10,000 fewer approved house purchases in January compared with the previous month, statistics from the Council of Mortgage Lenders (CML) show.

The Government has reached a mortgage market crossroads, with Northern Rock at risk as a result of its plan to offer more mortgage products, Datamonitor warns.

The Government plans to inject up to £14bn into the UK mortgage market through nationalised lender Northern Rock, ministers have announced today.

Mortgage lending has fallen to its lowest level since April 2001 and is set to fall even lower, according to the Council of Mortgage Lenders (CML)