The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to increase the size of its asset purchase programme, financed by the issuance of central bank reserves, by £50 billion to a total of £325 billion.
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Commercial event of the year exclusively announced

Posted on February 6, 2012 by admin

The number one event for the commercial finance industry, the NACFB Commercial Finance Expo 2012, has officially launched and will be open to registrations as of today. Continue reading →

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N&P withdraw their 10 year fixed mortgage

Posted on February 6, 2012 by admin

Norwich & Peterborough Building Society has withdrawn its 10-year fixed rate mortgage within two weeks of its launch due to high demand.
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Tesco Bank on track to launch into the mortgage market

Posted on February 6, 2012 by admin

Tesco Bank says it is on track to launch into the mortgage market in the next couple of months. Continue reading →

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Precise Mortgages Launches Second Charge Bridging Loans

Posted on February 6, 2012 by admin

Precise Mortgages has today confirm that it has added second charge lending products to its current suite of bridging products to further improve its short term lending proposition Continue reading →

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Halifax reports 0.6% rise in house prices

Posted on February 6, 2012 by admin

Housing economist Martin Ellis said that the average UK house price is very close to where it was eight months ago. Continue reading →

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