House prices fell for the first time in a year last month, as the supply of properties reached a three year high while demand dwindled, according to RICS.

The whole of Savills Lending Solutions' workforce has been placed into consultation.

Alliance & Leicester for Intermediaries is to be merged into Abbey for Intermediaries from 15 October, creating one intermediary brand - Abbey.

Advisers are forecasting a 7.2% quarter-on-quarter spike in mortgage business during Q3 2010.

Nine out of ten of the best two and three-year mortgages are only available direct to consumers, according to moneysupermarket.com.

Consumer champion Which? has written to the FSA claiming Nationwide Building Society could potentially be in breach of consumer regulations.

Consumer confidence has fallen for the second month in a row, regressing to similar levels as seen 12 months ago, according to Nationwide.

Annual house price growth fell for the second consecutive month to 8.7% in June and is likely to continue to drop as measures announced in the emergency Budget hit finances, Nationwide says.

Broker confidence took a significant hit during Q2 of 2010, with two-thirds predicting business will either stagnate or fall in the next three months, according to L&G research.

The FSA says the approved persons regime will cover the whole of the mortgage industry, despite calls it should be limited to the intermediary market.