Here's our news quiz to test your knowledge of the week's most thought-provoking, quirky or downright bizarre moments on Mortgage Solutions.
Prices in the East End of London property market have grown faster than any other area in London, even sprinting away from the upmarket borough of Kensington & Chelsea. By approximately how much has the total value of the Hackney housing market grown since 1987?
A) 900%
B) 800%
C) 500%
To read the full story click HERE.
Correct answer: B) 800%
The FCA has fined the director of a London advice firm £350,000 for mis-selling. What did he mis-sell?
A) Mortgage products
B) Off-plan foreign apartments
C) Investments in Unregulated Collective Investment Schemes
To read the full story click HERE.
Correct answer: C) Investments in Unregulated Collective Investment Schemes
Foxtons estate agents reported almost a 50% rise in mortgage sales through its intermediary arm during the first half of the year. Under what name does the brokerage trade?
A) Alexander Hall
B) John Charcol
C) London & Country
To read the full story click HERE.
Correct answer: A) Alexander Hall
In its spree of bans and fines this week, the FCA censured NatWest and RBS after discovering failings in its mortgage advice. How much will the two banks have to pay between them?
A) £21.5m
B) £14.5m
C) £18m
To read the full story click HERE.
Correct answer: B) £14.5m
Which lender set aside £100m to lend exclusively through members of the National Association of Commercial Finance Brokers?
A) Metro Bank
B) Santander
C) Aldermore
To read the full story click HERE.
Correct answer: A) Metro Bank
Congratulations you have completed The Mortgage Solutions Quiz!
