Articles Tagged With: Economist

A growing number of customers are looking at acquiring fixed-rate mortgages, with 48 per cent of borrowers in June taking out one of these deals, those looking for cheap mortgages may be interested to

Gross mortgage lending rose to £11.3 billion last month from £10.5 billion in April, it has been reported. Latest figures from the Council of Mortgage Lenders CML highlight a seven per cent

The Bank of England has acted as expected by freezing interest rates at 0.5 per cent for a further month. With the general election yielding a hung parliament, many commentators believed political uncertainty

The Bank of England is very unlikely to raise interest rates when the Monetary Policy Committee MPC meets on Monday, according to a leading economist. Figures from the Office for National Statistics

Savers have been hit by further increases to consumer prices index CPI and retail prices index inflation RPI, it has been reported. According to latest figures from the Office for National Statistics,

Gross mortgage lending rose by 24 per cent last month, according to the latest figures from the Council of Mortgage Lenders CML. Total lending reached £11.5 billion in March, up 24 per cent on the

House prices increased by 1.1 per cent in March, according to latest figures published by the Halifax. The high street bank reported that the average price of a home is now £168,521, 5.2 per cent

Gross mortgage lending increased to an estimated £9.2 billion in February, up six per cent on the previous month, according to the Council of Mortgage Lenders CML. Lending was down by six per cent

Gross mortgage lending stood at £9.1 billion for the first month of the new decade, newly-released figures from the Council of Mortgage Lenders CML show. This represents a 32 per cent fall in lending

The Council of Mortgage Lenders CML has predicted a slow January and February in terms of housing market activity. According to the organisation, the end of the stamp duty concession appears to have

The UK witnessed a slight dip in the number of mortgages approved for home purchase during December 2009. According to the Bank of England, approvals stood at 59,023, down from 60,045 in November - but

Gross mortgage lending reached an estimated £13.7 billion in December, up 14 per cent from the £12.1 billion recorded in November. According to the Council of Mortgage Lenders CML, this also

UK consumers repaid a record level of outstanding debt during October 2009, latest figures have indicated. According to the Bank of England, outstanding credit card, loan and overdraft debt fell by £579

A home is being repossessed every 11 and a half minutes in the UK, it has been reported. Latest figures from Credit Action show that the recession is starting to affect more households, with an increase

High levels of personal debt in the UK may be hindering the nation's ability to recover from the global economic downturn, it has been suggested. Commenting after gross domestic product figures for the