mortgages

While housing prices increased for a second consecutive month in January, Halifax's monthly index found that annual rate ground to its weakest growth in three years.

Figures published by the British Banker's Association suggest gross mortgage lending slowed in November for the second month in a row, sending such lending down nearly 12% on the same month last year.

BANKS AND building societies shielded borrowers from the full impact of rising base rates this year but made their money by cutting the gains for savers, says the Daily Telegraph .

Gross lending fell 4% in November with further figures expecting to reveal a slowdown in the housing market until at least the Spring 2005.

Mortgage advisers and lenders could be required over the next few years to disclose charges, early repayment fees and additional data upfront in a manner similar to that imposed under depolarisation.

Clive Briault, FSA managing director of retail markets, has outlined the regulator's approach to the mortgage sector now that M-Day has come and gone.

Supermarket Tesco has announced its entry into the UK mortgage market with a discounted variable rate product to be distributed online and by telephone as of tomorrow.

Alliance & Leicester has become the latest lender to warn of accuracy and validity issues relating to KFI (key facts illustration) data ahead of this weekend's historic shift in regulation of the mortgage market.

Prices of residential housing fell in the past month for the first time in three years, data from Nationwide suggests.

One in ten university graduates cannot see themselves ever getting onto the property ladder, according to a survey commissioned by Scottish Widows Bank.