mortgages

Six million homes, half of all mortgaged residential property in the UK, could be at risk because the owners are not covered by any form of protection insurance, according to research from life and pensions provider Friends Life.

Mortgage adviser network Personal Touch Financial Services (PTFS) has supported the launch of eKeeper's life assurance quotes service AssuranceKeeper.

The buy-to-let market has avoided Mark Carney's four and half times income multiple cap but the Bank warned the sector it will not escape its scrutiny.

Head of the Financial Conduct Authority Martin Wheatley has criticised banks for their ‘disappointing' interpretation of new rules for mortgage lenders.

Chancellor George Osborne plans to allow the Bank of England to implement measures to control accelerating house in the UK, as the property market shows signs of overheating.

Data from the FCA

Britain's two state-backed banks have retreated from lending to the London property market since the financial crisis, in a sign of caution amid fears of an inflating housing bubble.

A mortgage broker has been jailed for six years after fraudulently obtaining almost £3.5m from clients in the North East.

Solicitor John Fitzpatrick has been sentenced at Sheffield Crown Court to six years' imprisonment for his part in two 'quite spectacular mortgage frauds'.

The Financial Conduct Authority (FCA) is challenging lenders to improve their arrears and foreclosure management following a thematic review which found several counts of bad practice at firms.