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Homebuyer loans hit 22-month high
The number of mortgages provided to homebuyers has reached its highest level for 22-months, according to the Council of Mortgage Lenders (CML)
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House prices up for seventh month
LONDON (Reuters) - House prices rose for a seventh consecutive month in January, increasing by 0.6 percent to bring their total rise since April’s low to 9.9 percent, mortgage lender Halifax said on Thursday.
Homebuyer loans hit 22-month high
The number of mortgages provided to homebuyers has reached its highest level for 22-months, according to the Council of Mortgage Lenders (CML)
Bank set to hold rates until fourth quarter
LONDON (Reuters) - The Bank of England won’t raise interest rates from a record low until October at the earliest but it is done with its quantitative easing bond purchase programme, a Reuters poll of over 60 analysts found.
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Consumer confidence rises
LONDON (Reuters) - Consumer confidence rose in January, a survey showed on Wednesday, but households showed less desire to spend than normal for the start of the year and barriers to a full recovery in sentiment remain.
Banks restrict lending to existing customers
More people are applying for loans but fewer are securing one, and those banks that are lending are only doing so to their existing customers
Mortgage approvals dip but consumer lending up
LONDON (Reuters) - Mortgage approvals unexpectedly fell in December, the first drop since November 2008, suggesting the last year’s rebound in the housing market may be petering out, though there was a surprise increase in consumer lending, Bank of England figures showed on Monday.
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Energy efficiency
A boiler scrappage scheme and an exemption of all electric cars from company car tax for five years are part of a range of green measures to encourage consumers and businesses to become more energy efficient
Fall in income drawdown
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research
Fall in income drawdown
Investors are taking a lower level of income from their pension investments in the stock market as a result of the economic climate, according to new research
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