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Lenders say that defaults on secured loans to households rose in the last quarter, while the demand and supply of this type of lending fell, according to the Bank of England. The default rate on secured loans to households posted a net balance of 43.3 in the three months to the end of August, up from 30.9 in the ....
Barclays PLC (LSE:BARC), TSB Banking Group (LSE:TSB) and Nationwide Building Society were among lenders to announce cuts to mortgage rates on Thursday as. ....
Value of mortgage advances lowest since 2020 - BoE – Mortgage Strategy mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
The number of mortgage approvals hit 48,700 in April, a fall on the number made the previous month. Figures from the Bank of England show this was down from the 51,500 approvals in March and indicates the market is again declining after two months of slim growth. However the number of approvals for remortgaging ....
The number of voluntary partial repayments made by equity release customers rose by almost 50% in 2022 compared to the year before, the Equity Release Council (ERC) reports. Figures from the trade body revealed 90,000 people took advantage of the penalty-free repayments in 2022, reducing their loans by a combined ....