mortgages

Norwich Union will be raising the interest rates on its index-linked lifetime mortgage plans, starting today.

Women spend five times longer than men when choosing an outfit but are likely to spend 15 minutes less than their counterparts managing their weekly finances, suggests research.

Home improvements should be targeted at areas where the value added to the property is greater than the cost of the project, with loft conversions working out at better value than loft insulation, claims research by Halifax.

Inadequate advice on equity release options for 'asset-rich, income-poor' pensioners could lead to mis-selling of the products to a potentially vulnerable group, claims research from the Institute of Public Policy Research (IPPR).

Standard Life's wrap platform offers users access to 750 investment funds from 46 fund managers in its launch phase but will expand the service to include further names will be added as the platform develops.

Members of Lambeth Building Society have approved a merger with Portman Building Society with an almost unanimous vote.

The cost of moving house for the average home owner has risen more slowly than the increase in house prices since 2000, according to the Woolwich.

House prices have risen for the fifth month in a row, although at a slower rate, while more people are making enquiries about purchasing a house, claims the latest UK Housing Market Survey from the Royal Institution of Chartered Surveyors (RICS).

The Finance Centre is working on a proposal to take over the mortgage packaging company IMB, with TFC expecting to take effective control of the business by the end of the day.

Equity release has been removed from the modified Consumer Credit Directive (CCD) Proposal, issued by the European Commission.