Spanish banking giant Santander is set to launch an assault on the current account market with the introduction of a fee-free account available to mortgage customers.
Mortgage lending rose by 5% during October as the market continued to recover from its traditional summer dip, figures showed.
Lloyds Banking Group has slashed interest rates on a number of its mortgages and launched a new best buy deal.
Nationalised bank Northern Rock has cut its mortgage rates for the fourth time in just over a month.
Homeowners' mortgage borrowing increased in September while the number of loans approved for house purchase also grew, figures have shown.
The number of households with a lodger has increased by a quarter in recent years, six times higher than official figures show, according to a new study.
A fifth of parents with grown-up children plan to use their savings to help their offspring get on to the property ladder, a survey has revealed.
The typical mortgage arrangement fee has jumped by nearly 14% this year with charges on some deals now averaging more than £1,000, research has shown.
Strong demand from people buying a new home has helped mortgage lending edge up by 2% during September, figures have shown.
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