BoE Gross Lending

01 March 2017

Richard Pike, sales and marketing director at Phoebus Software, said:

 

“For now both house purchase and remortgage show healthy activity, with building societies and challenger banks also reporting strong lending figures.

 

“There is some uncertainty regarding base rate increases, which is inevitable.  However, with inflation on the rise and house prices continuing to increase, consumers may be more inclined to fix rather than hedge their bets on variable rates.”

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Debbie Staveley
Director and Owner,
bClear Communications

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