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  • Tougher rules for mortgages
    The Financial Services Authority (FSA) has shown signs that it is to step up the regulation of home loans after with a proposal to make borrowers take a mortgage affordability test from lenders. The proposals will see ...
    Mon 19th Oct, 2009 (1 Comment)
  • Lloyds Banking Group sells Halifax for £1
    Lloyds Banking Group has sold its Halifax estate agency business for just £1 to LSL Property Services. The group has said 1,050 employees will be transferred to LSL after the sale. However, the move is likely to cause 460 ...
    Fri 16th Oct, 2009
  • House prices return to 2008 levels, says the Nationwide
    The latest figures from the Nationwide have suggested that UK house prices have now recovered to the same level as 2008. Last month, the average cost of a house rose by 0.9% to £161,816, similar to figures seen in September ...
    Fri 2nd Oct, 2009