Here's our news quiz to test your knowledge of the week's most thought-provoking, quirkiest and downright bizarre moments on Mortgage Solutions.
Virgin Money has bought back the government’s stake in Northern Rock plc. How much did it pay for the privilege?
A) £154.5m
B) £145.1m
C) £196.5M
To read the full story click HERE.
Correct answer: A) £154.5m
The Mortgage Works has announced plans to offer a rent guarantee period to new buy-to-let customers. How long does the guarantee last?
A) Six months
B) Three months
C) 12 months
To read the full story click HERE.
Correct answer: A) Six months
This week Family Building Society announced it had teamed up with Brilliant Solutions to process its mortgage applications. What will this move allow it to do?
A) Expand its branch network
B) Expand its team of underwriters
C) Expand its BDM team
To read the full story click HERE.
Correct answer:B) Expand its team of underwriters
Nationwide altered the stressed rate it uses in its affordability calculations. What is it now?
A) 5.89%
B) 6.50%
C) 6.99%
To read the full story click HERE.
Correct answer: C) 6.99%
The National Association of Estate Agents reported a dip in the number of sales to first-time buyers in June. What proportion of sales went to fledgling buyers last month?
A) 20%
B) 28%
C) 34%
To read the full story click HERE.
Correct answer: A) 20%
Congratulations you have completed The Mortgage Solutions Quiz!
