Mortgages

Housing Minister Grant Shapps recently called for lenders to offer 30-year fixed rate mortgages and received a barrage of abuse. Simon Webster, from mortgage broker Facts & Figures, below, says it wasn't all nonsense.

The Government will sell Northern Rock to Virgin Money, to create a combined bank with four million customers.

Mortgage rates have already started to creep up and the eurozone crisis could make matters worse.

First-time buyers struggling to find big deposits should be encouraged back into the housing market with a raft of measures to help them clinch a mortgage deal, a report from businesses recommends today.

House prices rose by 1.2% last month as the property market continues to weather the economic storm, mortgage lender Halifax said today.

Norwich and Peterborough Building Society (N&P) has this week been taken over by Yorkshire Building Society (YBS), which means big changes for many of its 420,000 customers.

The final stages of the sale of Egg were completed this week, meaning big changes for its 1.7 million customers.

Young Britons are being saddled with debt but are unlikely to build up assets in the same way as previous generations, a report commissioned by debt advice charity the Consumer Credit Counselling Service (CCCS) found today.

Nationwide warns today that the housing market remains "subdued" despite prices rising by 0.4% last month.

Rents in England and Wales reached a record high of £718 per month in September, a report found today.