UK Finance latest figures

24 August 2017

Richard Pike, Phoebus Software sales and marketing director, says “Despite the fact that the housing market is flat, the Bank of England is now obviously confident that the economy is on the right track as it has just announced that it will pull the Term Funding Scheme at the end of February as planned.  This scheme has been a significant inhibitor to the securitisation market by providing banks with such low cost funding. In 2018 we will therefore expect to see a lot more activity in the securitisation market as a result.”

 

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