Mortgages

Mortgage intermediaries are increasingly looking to sell other products, including electricity and gas, to make ends meet in the recession.

The Intermediary Mortgage Lenders Association (IMLA) has refuted suggestions by the Association of Mortgage Intermediaries (AMI) that advisers may account for just 45% of the market in 2009.

The FSA has banned a mortgage broker from giving financial advice and stopped his Liverpool-based firm, Stone Financial Management (SFML), from conducting any further business.

Net mortgage lending climbed by £2.9bn in December, figures from the British Bankers' Association (BBA) reveal.

The Association of Mortgage Intermediaries (AMI) has called for the accelerated implementation and launch of the banking proposals announced by the Government earlier this week, after releasing a grim first economic bulletin for 2009.

Lloyds TSB has revealed it received over 27,000 requests from customers to overpay their mortgage since November's sharp interest rate cut.

Secured loan provider Prestige Finance has become the latest addition to the Mortgage Times' secured loans panel, increasing the number of lenders to seven.

The total number of loan accounts in arrears has been steadily increasing since early 2007, the latest FSA mortgage lending data shows.

Email Mortgages, the new mortgage advisory practice providing customers with tailored fee-free advice online via email, has launched a proposition exclusively for estate agents looking to provide their clients with mortgage advice.

The Mortgage Works (TMW), the specialist lending subsidiary of Nationwide Building Society, has launched a number of fixed-rate buy-to-let products and reduced rates on some of its existing products.