mortgage lending | Prepaid365

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9 October 2014
Category:
News

Summer saw Mortgage Supply Drop says Bank of England

The number of mortgages made available fell in Q3, marking the first drop in availability for more than two years. Lenders reported to the Bank of England that supply and demand for home loans fell in the three months until early September. New affordability rulings from the Bank’s policymakers led to the squeeze but lenders […]


19 May 2014
Category:
News

BoE Boss Warns of Intervention to Control House Prices

Bank of England governor Mark Carney has suggested the Bank could act to curb mortgage lending in order to allay fears that the housing market could threaten economic recovery. Such a move would mean that people are unable to take out mortgages that are worth many times their salary when they want to purchase new […]


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