Requests for mortgage advice increased by 50% in the first quarter of 2008 as consumers seek to protect themselves against the falling housing market, according to Unbiased.co.uk.
edeus, the specialist mortgage provider which operates solely through intermediaries, will shift towards asset management and savings as the mortgage market suffers from the credit crunch.
Mortgage advisers are being hit with a new TCF broadside after claims they may be unnecessarily recommending homebuyers add set-up fees to their mortgage instead of advising they pay them up front.
Application fees on a range of two and three-year fixed rate mortgages have almost doubled in the last 12 months, research suggests.
Halifax will raise mortgage borrowing costs for customers with a deposit of less than 25% from next Monday.
Salt, the intermediary arm of Derbyshire Building Society, has withdrawn its entire mortgage range with immediate effect, it announced today.
Happy third birthday, child trust funds! The Government introduced the scheme on April 6 2005 to ensure children have savings at age 18 and raise awareness about personal finance.
Mortgage availability will worsen over the next three months, according to the Bank of England.
The number of homeowners seeking help with mortgage repayments has soared 35% since this time last year, a study suggests.
Damian Stansfield, operations director of Homeloan Management Limited (HML), is to leave the firm at the end of March.