Bank of england
The Bank of England has voted to hold the base rate at 0.5% for the twelfth month in a row.
Editor Barney McCarthy previews the latest issue of Mortgage Solutions.
The Bank of England has maintained interest rates at 0.5%, meaning the base rate has now been held for a year.
Other Bank of england articles
The number of house purchase loan approvals dropped by more than 10,000 in January compared to December, according to the latest monthly statistics from the Bank of England (BoE).
Gross mortgage lending declined to a 10-year low in January, according to the Council of Mortgage Lenders (CML).
London-based Leon Kaye Solicitors is investigating the legality of the clause in Skipton Building Society’s mortgage contract which allowed the lender to hike its SVR to 4.95%.
Mortgage lending dropped 32% in January to its lowest monthly total since February 2000, according to the Council of Mortgage Lenders (CML).
The Bank of England's Monetary Policy Committee (MPC) voted unanimously not to pump more money into the economy this month, according to minutes from the meeting last month.
The remortgage market plummeted by more than 50% in 2009 due to homeowners remaining on standard variable rate (SVRs) and the lack of higher LTV mortgages, according to Mortgage Advice Bureau (MAB).
The Committee of Public Accounts has criticised the Treasury for secrecy over the loans provided by the Bank of England to Royal Bank of Scotland (RBS) and Halifax Bank of Scotland (HBOS).
Moneysupermarket has urged borrowers on standard variable rate (SVR) deals to consider changing to another deal.
The latest quarterly inflation report from the Bank of England has revealed that inflation is likely to peak at 3.5% this year.
Inflation will peak at 3.5% this year, according to the latest quarterly Inflation Report from the Bank of England (BoE).
Most read articles
Latest jobs
Job of the week
Search jobs
Other services
Newcastle launches 90% LTV products
Mortgage Solutions preview 12/3/10
FSA to delay stricter liquidity requirements
Tiuta links with Mortgageforce
Paradigm forms partnership with Home Buyer Systems