Mortgages

Birmingham Midshires is paying compensation to some customers after wrongly calculating their monthly mortgage payments, and one customer has already received over £1,600. Here's what you need to know.

Renters in England would no longer face evictions at short notice without good reason under new plans outlined by the Government.

The Government has announced it is selling off 66,000 mortgages and unsecured loans originally held by NRAM, formerly part of failed lender Northern Rock. 

Mortgage affordability rules are set to be relaxed to allow homeowners to switch to a cheaper deal more easily, the financial regulator has announced. The move would also help free tens of thousands of mortgage prisoners, in an important victory for MoneySavingExpert.com's long-running campaign.

A new single complaints service for renters and homeowners in England is to be launched, in a step forward for MoneySavingExpert.com's campaign for reform – but there's still more to be done.

There is "no reason to hang around" on introducing a new rule that will free up to 140,000 mortgage prisoners, the head of the financial watchdog told MPs today.

The financial watchdog is to consult on introducing new lending rules which could help free as many as 140,000 mortgage prisoners, in a huge step forward for MoneySavingExpert.com's campaign.

Online estate agent Emoov has gone into administration, leaving thousands of customers in limbo – if you're worried you'll lose out, here's what you need to know. 

The Government has been criticised in the House of Lords for letting "the months and years slip by" without providing a solution for mortgage prisoners.

According to the latest figures from HM Revenue & Customs, 141,100 first-time buyers have bought properties without having to pay stamp duty, and a further 39,400 have paid a discounted rate in the year since first-time buyers relief was introduced.