The bank base rate was held at 0.5% again this week. But for how many years has it been kept at this rate?
A) Seven years
B) Five years
C) Six years
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Correct answer: C) Six years
The government published quarterly Help to Buy figures this week showing that 88,000 people have bought a new house under the scheme since it began. What percentage were first-time buyers?
A) 80%
B) 90%
C) 50%
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Correct answer: A) 80%
Which mortgage broker was sold off to Palatine Private Equity this week in a deal worth £8.64m
A) John Charcol
B) London & Country
C) Countrywide
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Correct answer: A) John Charcol
How much did Legal & General say it expects to lend in equity release this year following its purchase of Newlife?
A) £150m
B) £100m
C) £200m
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Correct answer: B) £100m
Which bank’s results showed it gained gross mortgage market share of 10.1% in 2014?
A) Barclays
B) Santander
C) HSBC
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Correct answer: A) Barclays
Congratulations you have completed The Mortgage Solutions Quiz! Have a great weekend.