Bank Loans To Business Falls It has been reported that UK bank lending has continued to dwindle, despite government attempts to reverse the trend through the introduction of the “Funding for Lending Scheme” (FLS). Bank of England (BoE) data showed that overall net lending fell £300 Million (GBP) in the first quarter of 2013. Lending […]
Read MoreBritish Bankers’ Association Announce Good News For Borrowers UK Mortgage lending reached an 11-month high in October, providing evidence that the housing market may finally be picking up, after a lull in recent months, according to the Council of Mortgage Lenders (CML). Gross mortgage lending rose to £12.9 Billion (GBP) and was 4% higher than […]
Read MoreFigures from a variety of trusted and respected sources offered a tentative boost for the UK property market as mortgage approvals, first time buyer numbers and residential property sales all increased during January. Data gathered from the Council of Mortgage Lenders (CML), British Bankers’ Association (BBA), National Association of Estate Agents (NAEA) and HM Revenue […]
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