Here's our news quiz to test your knowledge of the week's biggest news headlines and must-have knowledge on Mortgage Solutions.
The Bank of England released its lending trends report which gave a figure for the average monthly net lending flow by UK residential mortgage lenders.
Was it;
A) £1.9bn
B) £1.95bn
C) £1.8bn
To read the full story click HERE.
Correct answer C) £1.8bn
Martin Wheatley said the FCA was approaching lenders which were taking too firm an approach to affordability assessments. How exactly did he describe them?
A) Assiduous
B) Risk averse
C) Scared
To read the full story click HERE.
Correct answer: A) Assiduous
Lloyds Banking Group has admitted sending what to its customers this week?
A) Misleading mortgage terms and conditions
B) Misleading debt collection letters
C) Misleading advertising for new products
To read the full story click HERE.
B) Misleading debt collection letters
Which lender launched a 10-day sale on its buy-to-let products with rates starting from 2.89%.
A) Accord
B) Santander
C) BM Solutions
To read the full story click HERE.
A) Accord
The latest inflation figures revealed a surprise jump in the rate. What is the current rate of inflation?
A) 1.9%
B) 1.7%
C) 2.0%
To read the full story click HERE.
Correct answer A) 1.9%
Congratulations you have completed The Mortgage Solutions Quiz!
