Andrea Rozario on the surge in demand for equity release and the opportunities for properly qualified advisers
The Prime Minister is set to launch a consultation into a scheme targeting those under 40 who have never owned their own homes.
Network the Mortgage Advice Bureau has announced plans to list on the Alternative Investment Market (AIM).
Tesco Bank has launched its first range of 90% loan to value (LTV) mortgage loans.
Homebuyers in Scotland purchasing property worth over £250,000 will face a soaring tax bill from April next year as Stamp Duty is abolished in favour of a new levy called the Land and Buildings Transaction Tax.
Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.
The Financial Conduct Authority (FCA) will be on the lookout for "gaming activity" of any kind following the implementation of the Mortgage Market Review (MMR), with the falsification of income levels of particular interest, it warned.
Solicitor John Fitzpatrick has been sentenced at Sheffield Crown Court to six years' imprisonment for his part in two 'quite spectacular mortgage frauds'.
Mortgage lender Santander extends quality fee assessment
UK lenders have steadily increased lending since March this year to hit a 66-month high of 15,621 in September.