CCR Magazine

FICO webinar
You are here  :Home arrow News arrow Comment on Bank of England March lending - Richard Pike, Phoebus Software
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Comment on Bank of England March lending - Richard Pike, Phoebus Software PDF Print E-mail
Friday, 29 April 2016
Richard Pike, Phoebus Software sales and marketing director, says “ The mortgage activity in March was, as expected, as buoyant as it has been over the past six months.  The stamp duty changes for second homes had the inevitable effect, with many pushing to get completions through before the April deadline.  The ultimate goal in making these changes of course was to enable more first-time-buyers to purchase, and this already seems to be happening. The First Time Buyer tracker (from Your Move and Reeds Rains) this morning shows an increase of almost 50% more first-time-buyer activity in March compared to February.  So perhaps the increase we saw in March wasn’t only down to the ‘surge’ to complete after all. 

“There has been much talk about economic uncertainty since the EU referendum was announced. Yesterday two reports stated that annual rate of house price growth dipped in the last month, which may be the first sign that things are changing, but to date there has been little sign that consumer confidence is waning.”
 

 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

CSA

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