mortgages

The Financial Services Authority (FSA) has found no evidence small IFA firms are "fobbing off" mortgage endowment complaints, but has discovered some issues with complaints handling practices that firms must address.

The housing market will remain fairly subdued next year with house prices rising between 0-3% according to the Nationwide Building Society's housing market forecast for 2006.

STANDARD LIFE has wasted up to £3.5m gearing up for aspects of new pensions legislation scrapped just four months before they were set to come into force, according to the Scotsman .

UK house price inflation was 3.3% in September, up from a nine-year low of 2.8% in August, according to latest figures from the Office of the Deputy Prime Minister.

Gross mortgage lending fell by 3% in October to an estimated £27bn but the market still shows resilience, according to the latest figures from the Council of Mortgage Lenders.

The Financial Services Authority is looking at the use of online financial promotions and will be taking a much tougher line on regulation of the mortgage industry, intermediaries attending this year's Mortgage Business Expo were warned.

The Financial Service Authority is unlikely to give any more warnings over poor record-keeping in the sub-prime and self-certification mortgage markets, intermediaries attending this year's Mortgage Business Expo have been warned.

THE NUMBER of people asking about buying a house last month rose at the sharpest rate for two years, suggesting that the property market is beginning to pick up, according to this morning's papers.

Financial services companies increasingly view Treating Customers Fairly (TCF) as a commercial issue to embrace rather than a compliance issue or regulatory threat, according the Council of Mortgage Lenders (CML).

House prices have risen over the past year despite a fall in the number of sales with the average London home costing over £300,000, according to the latest Land Registry figures.