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Bank of England Archive
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Halifax Reports 6pc Fall in Residential Property Costs
Homeowners in the UK were found to be paying around 6 per cent less to run their properties in April 2010 than they were two years ago. -
Banking System More Stable, Says Bank of England
In its latest Financial Stability Report, the Bank of England has described the financial system in the UK as ?significantly more stable?. -
Mortgage Approvals Were Up in October
The Council of Mortgage Lenders reported a rise in mortgage approvals in October, although activity was well down on the same time last year. -
UK Homeowners Increase Home Stake in 2010
The first quarter of 2010 saw UK homeowners increase the stake in their homes by ?3.2 billion. -
Variable Mortgages Improve Against Fixed Rate
Four months ago, fixed rate mortgages were popular and held the biggest market share. Now only a quarter of borrowers go for fixed rate while variable mortgages have become the mortgage marketplace leader. -
Highest Peak for Mortgage Approvals Since March 2008
Bank of England figures show that mortgage approvals for September were at an 18-month high. -
Interest Rates Expected to Stay Low Until 2014
Mortgage rates should be kept low for several years as a leading economic forecasting group said that interest rates are likely to stay low until 2014. -
Many UK Households Better Off in the Last Year
Many households have seen an improvement in their financial situations in the past year, thanks to low interest rates and reduced mortgage payments. -
Mortgage Approvals Doubled During 2009
2009 ended in good fashion for mortgage approval levels, with November seeing a total of 60,518 mortgage loans being approved. -
Bank Of England Figures Show Mortgage Lending Boost
Figures from the Bank Of England show that mortgages did well in February and March 2010.