CCR Magazine

You are here  :Home arrow News arrow Comment on Bank of England gross lending in April from Phoebus Software
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Comment on Bank of England gross lending in April from Phoebus Software PDF Print E-mail
Tuesday, 02 June 2015

Richard Pike, Phoebus Software sales and marketing director, commenting on this morning’s BoE gross lending statistics, says: “After a few months of a fairly stagnant market the figures announced this morning by the Bank of England, showing a 10% increase in month on month approvals, are very encouraging. 

“Many predicted the lull before the election but it appears as though there were other factors that encouraged people to move or get onto the property ladder even before election uncertainty was removed.  With all things considered: stamp duty, help-to-buy, low interest rates, higher LTV’s and lenders once again willing to lend; the market is ripe for growth.  If further predictions for the year are to be believed then we are now in for a more buoyant period, which seems most likely.”

(Source - Phoebus Software Comment)
 

 
Enghouse Side Banner

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197