Buy to let investors will no doubt be happy to hear that Paragon is to resume mortgage lending after securing new funding. The buy to let provider of mortgages supplies loans to both professional landlords and investors in residential property.

The mark up charged by mortgage lending companies in the UK is the highest in the western world, according to new research.

Figures released yesterday show that house prices fell in all regions of the UK in September; the first time this has occurred since April 2009.

The recession has brought about a big increase in the number of hard-pressed homeowners who are struggling to keep up with their contractor mortgage repayments.

The FSA is currently looking for ways to restrict mortgage lending but this could have an adverse effect on house prices warns the CML. And Michael Coogan, the director general of the CML thinks that the UK’s 11 million mortgage borrowers have cause to be concerned about the plan.

A police operation has resulted in the arrest of seven people on suspicion of mortgage fraud and money laundering.

The UK housing market is showing definite signs of weakening as mortgage approvals dropped again in August.

88% of young adults would like to buy a property within the next 10 years but only 42% think they will be able to purchase a property within 2 years, according to a survey conducted by the Council of Mortgage Lenders.

Home owners received two warnings last week about the precarious state of the UK’s housing market.

There has been much wailing and gnashing of teeth on the part of surveyors in regards to house prices across the UK thanks to a survey conducted in August by the Royal Institution of Chartered Surveyors that found prices expected to fall for the remaining last quarter of 2010.

Halifax recently reported that the while prices for housing rose slightly in August – the second month in a row they had done so – the property market has stabilised and reached a level of equilibrium in the wake of the preceding rally.

As economic experts foresee a future that has interest rate hikes for property loans as an inevitability, the BoE’s Monetary Policy Committee’s decision to maintain the base interest rate at 0.5 per cent for a year and a half straight can have serious implications.