Phoebus Commentary

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UK Finance Trends in Lending for March

Richard Pike, Phoebus Software sales and marketing director, says “When UK Finance released the estimate for March mortgage lending it said there was a rising trend in the mortgage approvals in the first quarter of 2018.

16 May 2018

Gross mortgage lending in March is estimated to have been £20.5bn

Richard Pike, Phoebus Software sales and marketing director, says “This morning’s estimate for gross lending is encouraging compared to the drop in February.

26 Apr 2018

Homeowner purchases at 10 year high

Richard Pike, Phoebus Software sales and marketing director, says: “Given all the, so say, uncertainty in the British economy it appears that the ongoing low interest rate environment, and perhaps the potential threat of impe...Read More

17 Apr 2018

Spring Statement

Richard Pike, Phoebus Software sales and marketing director, says “Bearing in mind that it is only four months since the investment of £44bn to raise housing supply was announced, it appears the government is indeed holding t...Read More

13 Mar 2018

House approvals fall to three-year low

Richard Pike, Phoebus Software sales and marketing director, “A decent end to 2017 was confirmed in December’s lending figures from the Bank of England this morning.

30 Jan 2018

Bank of England November Mortgage Figures

Richard Pike, Phoebus Software sales and marketing director, said: “November was certainly a busy month, especially for remortgages. This will continue to be a factor as we head into what the FCA describes as one of the ‘pea...Read More

5 Jan 2018

Budget comment

Richard Pike, Phoebus Software sales and marketing director, says “At last the calls for stamp duty reform have been answered in today’s budget.

22 Nov 2017

Base Rate Increase

Richard Pike, Phoebus Software sales and marketing director, says “It may be the first rate rise in ten years, but the reality of the MPC’s decision today is that rates are back up to the same level they were in August 2016.

2 Nov 2017

Comment on UK Finance Gross Lending Estimate for September

Richard Pike, Phoebus Software sales and marketing director, says “It is hardly surprising, given the amount of news regarding a potential interest rate rise in November, that lending is continuing on its steady path.

25 Oct 2017

Strong Mortgage Lending in August

By Richard Pike, sales and marketing director at Phoebus Software Ltd “It seems that continued low interest rates coupled with the threat of a likely rate rise are fueling the market. Although there are reports of hesita...Read More

12 Oct 2017

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