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Bank of england
Bank rate held steady at 0.5%
The Bank of England has voted to hold the base rate at 0.5% for the twelfth month in a row.
Mortgage Solutions preview 5/3/2010
Editor Barney McCarthy previews the latest issue of Mortgage Solutions.
Bank of England holds Base Rate at 0.5%
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
Mortgage approvals fall sharply in January: BoE
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 lending falls to 10-year low
Gross mortgage lending declined to a 10-year low in January, according to the Council of Mortgage Lenders (CML).
Law firm to investigate legality of Skipton SVR clause
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%.
Gross mortgage lending hits 10-year low
Mortgage lending dropped 32% in January to its lowest monthly total since February 2000, according to the Council of Mortgage Lenders (CML).
Bank of England voted 9-0 to end quantitative easing
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.
Remortgage market drops 50% in 2009
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).
Treasury slammed for secrecy on bail-out
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).
Borrowers urged to move from SVRs
Moneysupermarket has urged borrowers on standard variable rate (SVR) deals to consider changing to another deal.
King predicts inflation peak
The latest quarterly inflation report from the Bank of England has revealed that inflation is likely to peak at 3.5% this year.
Inflation 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).
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