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Term extensions and interest-only could bring ‘higher debt burdens in future’, BoE warns

The Bank of England (BoE) has warned that extending mortgage terms and switching to intere...

  • Oct 10, 2023
  • 0

Millions of Brits turn to debt to deal with cost of living crisis

Net borrowing of consumer credit rose to £1.7bn in June, the highest amount in five years...

  • Jul 31, 2023
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Mortgage growth expected to slow to lowest level since 2011 – EY

Mortgage lending in the UK is expected to slow next year to 0.7 per cent, or £11bn, the l...

  • Oct 27, 2022
  • 0

Mortgage approvals dip below pre-pandemic levels – BoE

Mortgage approvals for house purchases and remortgages in April fell to 65,974 and 47,799 ...

  • May 31, 2022
  • 0

FCA to enforce coronavirus loan and credit card payment freezes

The Financial Conduct Authority (FCA) has proposed temporary measures to support customers...

  • Apr 02, 2020
  • 0

Mortgage lending holds steady in June – BoE

Mortgage lending increased by 3.2% in June, data found.

  • Jul 30, 2018
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FCA chief exec targets rent-to-own sector and banking practices in Mansion House speech

The Financial Conduct Authority (FCA) remains particularly concerned about the rent-to-own...

  • Oct 05, 2017
  • 1

Carney expects rates to rise ‘in near term’

Bank of England governor Mark Carney has said he expects the bank base rate to rise in the...

  • Sep 29, 2017
  • 0

BoE warns banks could lose £30bn from consumer credit losses

The Bank of England has raised concerns about Britain's consumer credit bubble and believe...

  • Sep 25, 2017
  • 0

Savills: BoE not overly concerned about consumer credit debt

The Bank of England is generally content with the level of consumer debt, including credit...

  • Sep 15, 2017
  • 0

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