Mortgage lending is still in...

March 18, 2011

Gross mortgage lending by banks and building societies in February added up an estimated £9.5billion, according to the Council of Mortgage Lenders. This is almost identical to January’s gr...

Barclays urges mortgage hold...

March 18, 2011

New figures from Barclays show that only 10 per cent of homeowners are deliberately overpayingtheir mortgage to benefit from the current low interest rates. A study by the bank has revealed that 84 pe...

FSA says proposed bank shake...

March 17, 2011

The chairman of the Financial Services Authority (FSA) has said that proposed plans to separate retailand investment banking operations may not go far enough to make the UK banking system safer. The I...

House prices fall for an eig...

March 17, 2011

There was further disappointing news for the UK housing market this week after figures from theDepartment for Communities and Local Government (DCLG) showed that the average price of a UKhome fell by...