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Bank of England Archive
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Mortgage Increase Surprised Banks
While mortgage approvals were expected the rise, the latest figures have surprised many. -
Call for Halt in Interest Rate Cuts
An ex-deputy of the Bank of England has called for a halt in interest rate cuts for fear of further damage to the pound. -
Homeowners Experience 20pc Drop in Mortgage Costs
Homeowners have seen their monthly mortgage repayments fall by 20 per cent from an average of ?607 in December 2008 to ?497 in December 2009. -
Halifax Survey Shows Another Drop in House Prices
There has been a small drop in house prices this summer compared with the beginning of 2010. -
Overpaying Mortgages Becoming an Increasing Trend
Since the recession began, the average mortgage holder has overpaid more than ?3,000 on home loan payments, hoping to reduce their debts. -
January 2010 Saw Mortgage Rates Hit Record Low
January saw mortgage rates drop down to record levels since comparable records began in 1997. -
Homebuyers Might See Another Mortgage Squeeze
A Bank of England report has warned that homebuyers could face a further squeeze on mortgages in the next quarter. -
UK Property Market Helped and Hindered By More Mortgages
The recent rise of mortgages has helped increase their value but at the cost of the property market suffering in other ways. -
Increased Profit Margins Leads to Mortgage Rises
The increase in mortgage rates seems to indicate that homeowners have become an afterthought, with banks looking to widen their profit margins.
