Mortgage news

  Benefits of EPCs must be promoted
10 Aug 2009 at 4:15pm
Hips.co.uk has argued the property industry must promote the benefits of Energy Performance Certificates (EPCs) for the public become aware of them. ...

Equity release to see big business in 2029
10 Aug 2009 at 4:11pm
There will be an uptake in equity release for the over 65 age group in 2029 as they will own housing equity worth £1.5trn and will be forced to deal with tighter finances, according to research from  Sovereign Reversions. ...

FSA criticised over leisurely approach to lenders
10 Aug 2009 at 10:32am
The Treasury Select Committee has criticised the FSA for taking a 'leisurely approach' to firms failing to treat customers fairly on mortgage arrears. ...

Re-mortgaging advice demand jumps in June: Unbiased
10 Aug 2009 at 10:26am
Re-mortgaging advice searches increased by 5% since May to account for 33% of all consumer requests in June, according to the latest Mortgage Advice Drivers report from Unbiased. ...

RBS posts half year loss
7 Aug 2009 at 5:09pm
Royal Bank of Scotland (RBS) posted a first half net loss of £1.04bn in the first half of the year due to bad-debt charges and warned that results may not improve significantly until 2011. ...

Phil Jenks joins Exact as non-executive director
7 Aug 2009 at 4:29pm
Phil Jenks has been appointed non-executive director and a chairman of the risk committee at Exact Mortgage Experts.  ...

Bank holds base rate firm for fifth month
6 Aug 2009 at 12:16pm
The Bank of England (BoE) has opted to keep its base rate (BBR) on hold for the fifth straight month, amid signs of increased confidence in the economy. ...

RICS positive on house prices for 2009
6 Aug 2009 at 11:52am
House prices will end 2009 higher than they started the year due to price rises in certain areas and a shift in market sentiment over the past few months, according to the Royal Institution of Chartered Surveyors (RICS). ...

Connells extends valuation service to Bank of China
6 Aug 2009 at 10:34am
Connells Survey & Valuation has extended its service to Bank of China (UK) to provide residential valuations to the bank’s new intermediary sales channel. ...

First time buyer applications rising: Mortgageforce
5 Aug 2009 at 3:46pm
First time buyers made up 20% of mortgage applications at Mortgageforce in July compared to 9% in June in a sign that confidence has returned to the housing market. ...


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