16:15 | 25 Jul 2008
| By
Iain Martin
HBOS will cut the cost of some of its mortgages by up to 0.45% from Saturday.
15:43 | 24 Jul 2008
| By
Iain Martin
The Financial Services Authority says it will begin a review later this year on whether it needs to regulate every single mortgage broker instead of firms as a whole and their directors.
15:29 | 23 Jul 2008
| By
Iain Martin
Northern Rock has appointed Barclays vice chairman Gary Hoffman as its new chief executive enabling Ron Sandler to take a non-executive role.
10:43 | 23 Jul 2008
| By
Iain Martin
The mortgage market in June was running at lower levels than in the middle of the early 1990s housing crash as lending continued to fall at high street banks and building societies, the British Bankers’ Association said.
09:30 | 23 Jul 2008
| By
Iain Martin
Business volumes have shot up 14% at equity release providers in the second quarter of 2008, according to Safe Home Income Plans.
10:05 | 22 Jul 2008
| By
David Campbell
Central London property specialist Great Portland Estates saw the value of its portfolio fall 4% on a like-for-like basis over the second quarter or £63.9 million, to £1.5 billion.
12:16 | 21 Jul 2008
| By
Iain Martin
The Mortgage Works has opened up its pilot programme to lend up to £5 million for high-net-worth clients.
11:03 | 21 Jul 2008
| By
Iain Martin
Shares in equity release provider Sovereign Reversions rose by 5.8% despite posting a pre-tax loss in its final results.
00:01 | 21 Jul 2008
| By
Iain Martin
Homeowners desperate to sell were forced to drop £5,000 from asking prices in the past four weeks as the property market downturn gathered pace, property website Rightmove reported.
15:53 | 18 Jul 2008
| By
Iain Martin
Hammers lay silent, bidding paddles hung low and auctioneers’ patter stalled in June as the number of lots unsold at auction jumped by 20% from last year.
13:44 | 18 Jul 2008
| By
Iain Martin
Halifax Bank of Scotland has cut interest rates on its mortgages by up to 0.20% following the Nationwide Building Society’s lead.
11:20 | 18 Jul 2008
| By
Iain Martin
The Financial Services Authority denied it was only attacking easy targets in its mortgage crackdown.
17:04 | 16 Jul 2008
| By
Iain Martin
Equity Release Club training academy will help brokers get to grips with alternative mortgage arrangements and make sure their advice is competent.
12:01 | 16 Jul 2008
| By
Iain Martin
The Nationwide Building Society will cut the cost of its fixed and tracker-rate mortgages by up to 0.46% from Friday.
07:00 | 16 Jul 2008
| By
Tony Bonsignore
The current special liquidity scheme has failed to translate into better deals for borrowers, says Council of Mortgage Lenders.
11:12 | 15 Jul 2008
| By
Richard Harris
Mortgage adviser Ian Sanderson has been banned from the industry after deliberately entering false information on mortgage applications, the Financial Services Authority said.
10:17 | 15 Jul 2008
| By
David Campbell
After six months of recovery commercial property prices tumbled again in June, confirming warnings of a secondary crash.
09:25 | 15 Jul 2008
| By
Iain Martin
House sales have slumped by 38% since last year with surveyors selling just five houses on average over the last month, according to the Royal Institution of Chartered Surveyors.
14:41 | 14 Jul 2008
| By
David Campbell
International property investor, consultant and broker CB Richard Ellis has strengthened its global multi-manager fund business with three senior appointments.
13:43 | 14 Jul 2008
| By
Gavin Lumsden
Alliance & Leicester's takeover by Banco Santander will reduce competition in the mortgage market and could further reduce flexibility for borrowers, a leading broker has warned.
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