Mortgage lenders have been accused of cashing in on last month's bank rate rise, says the Times .
Software firm BancTec has launched a mortgage processing support solution that it says is designed to enable independent financial advisors, brokers and field sales staff to process and monitor all stages of the mortgage application remotely.
Lawyers have been voted as the worst performers in the home buying and selling process for the third consecutive year according the latest annual survey by property search website, PropertyFinder.
Half of all mortgage lenders are using third party IT suppliers to develop and run technology solutions, according to research from Marlborough Stirling.
Financial services companies have discovered the interpretation of Treating Customers Fairly requirements can differ from each department within one company even though the FSA requires firms to set out a management chain of responsibility.
The failure of the government and the industry to implement the recommendations set out in the Miles Report is costing UK consumers around £1bn a year, according to Nationwide.