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Budget 2015, broker concerns and rental prices – The Mortgage Solutions Quiz

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  • 20/03/2015
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Budget 2015, broker concerns and rental prices – The Mortgage Solutions Quiz
Here's our news quiz to test your knowledge of the week's mortgage news. Were you paying attention?

Chancellor George Osborne announced support for first-time buyers in this week’s Budget when he unveiled the Help to Buy ISA. For every £200 homebuyers save for a deposit the government will top it up with £50. But what is the maximum bonus the government will pay in?

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A) £2,000

B) £3,000

C) £4,000

To read the full story click HERE

Correct answer: B) £3,000

Openwork CEO Mary-Anne McIntyre exited the network this week to join Old Mutual Wealth as chief distribution officer, but who will be taking over her role?

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A) Mark Duckworth

B) Christopher Rodrigues

C) Dave Ewens

For the full story click HERE

Correct answer: A) Mark Duckworth

What did brokers think would be the biggest barrier to borrowers obtaining a mortgage this year in a survey carried out by Kensington?

Audit Barriers

A) Proving income

B) Lack of individual underwriting

C) Inexperienced lenders

To read the full story click HERE

Correct answer: B) Lack of individual underwriting

Which mortgage club was added to new buy-to-let and specialist lender Fleet Mortgages’ panel this week?

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A) Paradigm Mortgage Services

B) Legal & General Mortgage Club

C) The Mortgage Alliance

To read the full story click HERE

Correct answer: A) Paradigm Mortgage Services

The Council of Mortgage Lenders announced a fall in February mortgage lending, hitting the lowest monthly estimate since April 2013 when lending hit £12.4bn. What was the month-on-month decline from January 2015?

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A) 15%

B) 5%

C) 9%

To read the full story click HERE

Correct answer: C) 9%

Congratulations you have completed The Mortgage Solutions Quiz! Have a great weekend.

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