Sky News reports that Virgin Money could launch its shares on the stock exchange as early as October.
Economists say purchase figures are proof lending is starting to recover following the Mortgage Market Review.
Lender limits loans over £500,000 to four times income.
Average UK property increased in valued by 11 per cent year-on-year in August.
Lender suspended new mortgage applications earlier this month.
Group chief executive says regulatory changes have had a “cooling” effect on the housing market.
Trade body says cap should be reviewed, with a view to being removed, after 18 months.
Weak lending volumes, as a result of the MMR, will foster competition.
Pre-tax profits rise four-fold in the first half of the year.
Only two of the 164 sales reviewed met the required standards.
House purchase approvals grew 12 per cent year-on-year in July, as MMR troubles ease.
Savills raises 2014 UK forecast to 9.5 per cent.
Henry Moser was fined and censured by the FSA in 2012 for treating customers unfairly.
Stricter affordability checks, rising house prices and the prospect of an interest rate rise are leading borrowers to take out longer loans.
Brokerage says it has checked every case submitted and wants to work with the bank to find out what has gone wrong.
US authorities hit Bank of America with an almost $17bn raft of fines for selling junk mortgage-backed securities, collateralised debt obligations and fraud in its mortgage activities leading up to the global financial crisis.
Lender also to cut select buy-to-let rates by up to 0.4 per cent.
Lending up 15 per cent year-on-year in July.
Bank threatened borrowers with repossession based on ‘erroneous’ arrears balances.
“Only fly in the ointment” which could prompt a rate increase is house prices.
But prices were still up 10.2 per cent on an annual basis in June.
Research from Rightmove shows asking prices were down 5.9 per cent in August - the third consecutive monthly fall.
Chartered Insurance Institute level 4 qualification in advanced mortgage advice will be open from September.
Gross lending down 9.3 per cent.
Sky News reports US private equity groups Blackstone and TPG are close to acquiring the specialist lender from Investec.
49 per cent of would-be homeowners unaware of Mortgage Market Review.
6 per cent of households with a mortgage spend more than half their income on housing costs each month.
Number of people in serious arrears falls by nearly 25,000 in a year.
Former SJP partner Peter Thomas Carron submitted false accounts for two companies to the FCA and allowed a third to trade “to the detriment of HMRC”.
House price growth and buyer demand slows.
The New York Supreme Court has ruled that Northern Rock Asset Management should be allowed to take legal action against Societe Generale.
Bank’s inflation report shows weaker than expected volume of approvals in Q2.
Bank of England’s inflation report shows unemployment fell to 6.5 per cent in Q2.
CML data shows approvals up 2.8 per cent year-on-year, despite tougher rules post-MMR.
Total gross lending up 20 per cent, which was driven by house purchase activity.
Former MPC member Andrew Sentance warns Bank not to be lulled into a false sense of security over inflation risk.
Scottish Labour leader says repayments will rocket by £1,600 for average family under Alex Salmond’s plans for independence.
Action follows FCA recruitment ban on network for systems and controls failings.
MPC minutes from July revealed some members were close to voting for an increase in the benchmark rate.
None of the UK’s major lenders currently have plans to follow Lloyds’ move to cap Help to Buy 1 to £150,000.