Tag Result: consumer credit
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...
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...
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...
Mortgage approvals dip below pre-pandemic levels – BoE
Mortgage approvals for house purchases and remortgages in April fell to 65,974 and 47,799 ...
FCA to enforce coronavirus loan and credit card payment freezes
The Financial Conduct Authority (FCA) has proposed temporary measures to support customers...
Mortgage lending holds steady in June – BoE
Mortgage lending increased by 3.2% in June, data found.
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...
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...
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...
Savills: BoE not overly concerned about consumer credit debt
The Bank of England is generally content with the level of consumer debt, including credit...