Latest Mortgages News
Mortgage lending increased in April compared with the previous month, according to the Bank of England.
Post Office to offer mortgages aimed at first time buyer
Mortgages aimed at first-time buyers that require a 10% deposit are to be offered by a revamped Post Office.
The British Bankers' Association (BBA) has said the number of mortgages that the UK's biggest banks agreed with home buyers fell sharply in January.
The GMAC-RFC mortgage lender has been fined £2.8m by the Financial Services Authority (FSA) for mistreating customers who fell into arrears.
Mortgage approvals drop in August
The number of new mortgages approved, but not yet lent, has fallen for the first time in 10 months, according to figures from the Bank of England.
Mortgage approvals still rising
The property market continued to pick up in May, according to figures from the Bank of England.
Lenders are beginning to sense the bottom of the market.