24 November 2009 Archive

Man from Pru walks away from equity release

The withdrawal of the Pru from the equity release market leaves only three main providers

Prudential has confirmed that it will stop selling equity release products in the first quarter of 2010 after six years in the market.

Mortgage lending improves slightly

Mortgage lending improved slightly in Octber said the BBA but remortgaging remained low

Gross mortgage lending in the UK improved marginally in October, according to the latest figures from the British Banker's Association (BBA).

First Direct promotes offset mortgages

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First Direct is extolling the virtues of its offset mortgages as new research reveals 40 per cent of homeowners don't understand them.

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