Here's our news quiz to test your knowledge of the week's most thought-provoking, quirkiest and downright bizarre moments on Mortgage Solutions.
This week figures from the Land Registry revealed house prices are approaching their 2007 peak. According to its data what is the price of the average home across England and Wales?
A) 185,036
B) 178,088
C) 172,035
To read the full stort click HERE.
Correct answer: C) 172,035
In his Financial Stability Report Bank of England governor Mark Carney has introduced a rule which restricts the number of loans a lender can advance which are more than four-and-a-half times an applicant’s income. What is the maximum percentage of high loan-to-income loans a lender can hold?
A) 20%
B) 15%
C) 10%
To read the full story click HERE.
Correct answer: B) 15%
Since its launch in April 2013 how many homes have been purchased under the Help to Buy equity loan scheme?
A) 22,831
B) 25,789
C) 28,451
To read the full story click HERE.
Correct answer: C) 22,831
Wonga has been ordered to pay over £2.6m to its customers for unfair debt collecting practices. Approximately how many customers were affected?
A) 54,000
B) 20,000
C) 45,000
To read the full story click HERE.
Correct answer: C) 45,000
Which bridging lender crossed swords with its own industry by calling the use of misleading advertising to lure in customers ‘desperate’.
A) Montello
B) Fincorp
C) Hope Capital
To read the full story click HERE.
Correct answer: B) Fincorp
Congratulations you have completed The Mortgage Solutions Quiz!
