Browsing: lending News
The Bank of England has reduced its interest rate to 4.75%, following a majority vote by its Monetary Policy Committee.The decision to cut rates was not…
Zephyr Homeloans has launched an exclusive service aimed at landlords with extensive property portfolios. This initiative allows the firm to consider lending opportunities exceeding £5 million…
Continued high interest rates are expected to limit banks’ lending to businesses in 2024, before a rebound in 2025. Economic forecasting group the EY ITEM Club…
There has been little change in borrowing patterns among UK consumers and businesses since the EU referendum, according to figures released on Wednesday by the British…
Mortgage lending in the UK was 22% higher in June, with remortgage activity rising by over a third month-on-month and year-on-year, the Council of Mortgage Lenders (CML) revealed…
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