mortgages

A new type of mortgage-linked critical illness policy could be designed to tackle the growing number of CI claims, which offers a smaller payout in the early stages of treatment and is linked to the severity of an individual's illness.

Future generation may be forced to live with their grandparents, says a building society, as the lack of pension savings in the UK and the problems facing first-time buyers become more apparent.

Abbey for Intermediaries is to launch an awareness campaign into offset mortgages, to try and help intermediaries clear some of the fog surrounding these new products.

UK housing market suffered for the second month in a row as prices slipped in February, suggests latest goverment figures.

The price gap between the north and the south of Britain may soon be a thing of the past as the property market has made a leap in the less expensive parts of the country, suggests a survey by Halifax.

Lender GMAC-RFC has launched an online marketing toolbox for mortgage intermediaries, which targets business improvements amongst users.

Property prices are seeing a resurgence and are now expected to rise an average 15% this year or at least 10% in the capital, suggests the latest house price update from Nationwide.

The Association of Mortgage Intermediaries is warning its members they have until midnight on 31st March to lodge their applications for regulatory approval or lose out on discounted application fees.

When MIRAS was abolished in April 2000, many homeowners lamented the average tax relief loss of around £130 a year.

With all the hype surrounding endowment mortgage mis-selling, the concept of an equity-based mortgage has taken a real beating over the last couple of years.