According to research from Castle Trust how are more than three quarters of a million people hoping to get onto property?
A) A lottery win
B) A housing market crash
C) An inheritance
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Correct answer: C) An inheritance
This week the Post Office announced its plan to offer mortgages through brokers for the first time. Which network has it chosen to be its distributor?
A) Pink
B) Sesame
C) Legal & General
Correct answer C) Legal & General
The Bank of England revealed the measures it intends to stress test UK banks against. What percentage drop in house prices must banks be prepared to endure.
A) 25%
B) 35%
C) 30%
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Correct answer B) 35%
More than half of first-time buyers in which region are still in negative equity after purchasing their homes in 2007.
A) North East
B) South West
C) North Wales
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Correct answer A) North East
Labour leader Ed Miliband unveiled his plan to shake-up the private rental sector by introducing three-year compulsory tenancies and what two other measures?
A) Axe letting agent fees and cap rent rises
B) Introduce an national register for landlords and cap rents
C) Cap rents and enforce minimum property standards on accomodation
To read the full story click HERE.
Correct answer A) Axe letting agent fees and cap rent rises
Congratulations you have finished the Mortgage Solutions Quiz