Mortgage News
The Bank of England, Regional Variations and Young Homeowners – The Mortgage Solutions Quiz
Here’s our news quiz to test your knowledge of the week’s most thought-provoking, quirkiest and downright bizarre moments on Mortgage Solutions.
The Financial Ombudsman Service has ruled out charging “nominal” fees to complainants. How much was this “nominal” fee?
a £35 to £50?
b £50 to £100?
c £100 to £250?
Correct answer: £50 to £100
Read the original story here
According to unbiased.co.uk’ what are the best places to be a financial adviser?
a Stevenage
b Truro
c Salisbury
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Correct answer is Truro
Read the original story here
If the Base Rate increased 2% today, what proportion of mortgage borrowers does the Bank of England think would need to cut spending, work longer or change mortgage terms?
a 28%
b 37%
c 68%
Correct answer is 37%
Read the original article here
Who does the new chairman of the Council of Mortgage Lenders Moray Macdonald currently work for?
a Royal Bank of Scotland
b Barclays Bank
c Bank of Scotland
Correct answer is Royal Bank of Scotland
Read the original article here
50% of homeowners in the 18 to 35 group expected to live in their first property for less than five years, but how many have already had to do so?
a 59%
b 64%
c 71%
The correct answer is 59%
Read the original article here.
Congratulations you have finished the Mortgage Solutions Quiz
