The slump in the housing market continues as some estate agents report selling only one house per weekover the past three months. There are plenty of properties out there to buy and there are plenty of people wanting to buy them. The difficult bit is actually raising the funds to buy a property as mortgage providers continue with their overly cautious outlook on life. (more…)

800,000 Standard Life with profits policy holders have seen their payouts reduce by around 9%. Performance of the £41.2bn with-profits fund has been poor over the past twelve months, meaning those customers whose policy is due to expire this year, could see a shortfall between the policy value and their outstanding mortgage amount. (more…)