mortgages

A common EU standard for using APRs could be introduced through a regulation rather than a directive, admits John Purvis, Scottish MEP.

The Royal Institution of Chartered Surveyors has argued for a rate hike tomorrow as figures published by Bradford & Bingley suggest supply of housing will not be improved by homeowners downsizing nearer retirement.

Thursday's expected interest rate increase will put the squeeze on employees already suffering from a slowdown in average take-home pay, according to Voca, the company which processes all of the UK's automated payments.

Ray Boulger, senior technical manager at mortgage broker John Charcol, says he is fairly certain the Monetary Policy Committee's meeting later this week will result in a higher base rate of 5%.

Morgan Stanley has bought a minority stake in London-based hedge fund Lansdowne Partners - putting an £800m price tag on the firm, reports the Telegraph.

The Financial Services Authority has removed a mortgage broker's authorisation to carry out regulated activities after it says he failed to control his business responsibly.

Independent think-tank The Policy Exchange yesterday launched a series of essays which all predict in 50 years time Thatcher's children will be worse off than their parents are today.

Unipass access to GMAC-RFC's point of sale offers using automated valuations (AVM) is one of 100 improvements already identified since it launched just a few weeks ago.

On my way to work this morning, I noted the recycled rubbish collection was running late but I spied something financial services related as a result.

Eight out of ten mortgage intermediaries say the ease of dealing online is an important factor when selecting the best mortgage product on the market, according to research from Unipass.