mortgage

Standard Life has reduced the rates on its protection products with sums assured of between £100,000 and £250,000 to see level term and mortgage cover with accelerated CIC decrease by an average 6%.

A review of standards of Key Facts Illustrations (KFIs) and Initial Disclosure Documents (IDDs) by the FSA has resulted in a ‘Dear CEO' letter sent out to all mortgage lenders warning that standards must be raised.

An array of proposals designed to integrate the EU mortgage credit industry are being supported by the Council of Mortgage Lenders because it addresses a huge selection of issues including tax distortions.

Six lenders in the non-conforming mortgage market have agreed to jointly support a new module for Trigold's mortgage sourcing system Prospector AAA.

Mortgage intermediary support services provider Paymentcare has launched a new service that allows intermediaries to offload the burden of finding suitable general insurance products for clients, such as MPPI, ASU and buildings and contents insurance....

A roadshow questionnaire put to mortgage brokers in September suggests most are happy with new regulations, says Intelligent Finance.

Destini and Thinc have announced they will merge to create a top five-mortgage firm in the UK.

Average house loan sizes as well as the number of such loans approved dropped in September, figures published by the British Bankers' Association suggest.

Research into additional compliance costs forced by new rules being introduced on M-Day at the end of the month has been published by consultant Huntswood.

Research from Marlborough Stirling suggests pending mortgage regulation is already having an impact on standards and is driving down numbers of consumer complaints.