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Personal borrowing falls sharply
Overdrafts, bank loans and HP borrowing by consumers fell in December by the largest amount on record... read more...read more...

UK mortgage lending grows year on year
Mortgage lending in December 2011 was 12% higher than December 2010 - the fifth month in a row of higher year-on-year lending... read more...read more...

The CML welcomes the revised package of proposed mortgage reforms
The Council of Mortgage Lenders welcomes and broadly supports the revised package of proposed reforms published in a consultation paper by the Financial Services Authority... read more...read more...

UK interest rates kept on hold at record low of 0.5%
Interest rates have been kept at 0.5% since March 2009... read more...read more...

Property sales hit annual high, says HMRC
Home sales hit their highest monthly level of the year so far in November, figures from HM Revenue and Customs (HMRC) have shown... read more...read more...

New mortgage lending rules from 2013
Financial Services Authority (FSA), has moved a step closer towards tighter regulation of mortgage lending... read more...read more...

UK interest rates kept on hold at record low of 0.5%
UK interest rates have been held at a record low of 0.5% by the Bank of England's Monetary Policy Committee... read more...read more...

Housing market to pick-up in 2013, says OBR
Housing market activity will surge in 2013 after a stagnant few years, according to forecasts from the Office for Budget Responsibility (OBR)... read more...read more...

UK house prices surprisingly resilient, Nationwide says
Nationwide said the average home rose in value by 0.4% in November to £165,798. This was a 1.6% year-on-year increase... read more...read more...

Credit brokers warned on fees by OFT
Office of Fair Trading (OFT) has outlined a set of standards it expects from brokers and intermediaries. Brokers must explain rights to refunds to consumers... read more...read more...
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