Two members of the Monetary Policy Committee (MPC) voted to raise the Bank Base Rate in the October Bank of England rate meeting. Who were they?
a) Ian McCafferty and Martin Weale
b) Martin Weale and David Miles
c) Ben Broadbent and Ian McCafferty
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Correct answer: A
Mark Lewis, a mortgage adviser, is appealing his six-year jail sentence after being convicted of a £478k scam. How did the judge describe his behaviour?
a) “A calculated fraud to satisfy your lust for power and wealth”
b) “Moving almost seamlessly from recklessness to downright dishonesty”
c) “You thought you were the wolf of Wall Street. But you’re just a petty con man.”
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Correct answer: B
How much does the average landlord earn each year from property?
a) £9,999
b) £19,999
c) £29,999
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Corrent answer: B
Landlords have been warned about which of the following in rental properties?
a) Tenants subletting through Airbnb
b) Prostitution
c) Cannabis cultivation
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Correct answer: C
HSBC launched a headline grabbing mortgage rate of just 0.99%. But what’s the product fee?
a) £2,995
b) £1,899
c) £1,999
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Correct answer: C
Congratulations you have finished the Mortgage Solutions Quiz!