Mortgage fraud made possible with fake payslips from the Internet

Mortgage fraud is an issue that has been at the centre of a crackdown in the UK, with the difficult mortgage conditions that have been seen over the past couple of years resulting in a surge in mortgage related activity. An investigation was recently carried out by a national newspaper, the Observer, with one of its reporters finding out just how easy it can be to commit mortgage fraud. Read more

Tags: mortgage related activity, worth, controversy, search, Observer, Consumer fraud, Mortgage fraud, mortgage

Toughest time in three decades for property sellers

There is little doubt that the housing market is going through some real challenges in the UK at the moment. Homes are losing value hand over fist, with prices going down on a monthly basis, and mortgage lending has become extremely restricted, which means that refinancing on a home or getting a mortgage to purchase a property has become very difficult for some people and nigh on impossible for others. Read more

Tags: estate, three decades, Mortgage fraud, Mortgages, house prices, huge 84%, Royal Institute of Chartered Surveyors, low house sales