CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow BOE interest rate: Specialist mortgage lender comment
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


BOE interest rate: Specialist mortgage lender comment PDF Print E-mail
Monday, 18 July 2016
Matt Andrews, Managing Director at Bluestone Mortgages comments on today’s UK interest rate decision, the first since EU referendum:   “Whilst the decision to hold rates may come as a surprise to some, the hint of a stimulus package to be launched next month will likely spur a rise in the number of headline rates offered by mainstream lenders. However, borrowers need to be aware that these top deals are often only available to customers with ‘perfect’ credit scores.

“The mortgage market has weathered the Brexit storm relatively successfully thus far, but today’s decision to hold Base Rate, coupled with prolonged market uncertainty, could cause many mainstream lenders to further tighten their lending criteria, locking ever more responsible applicants out of the mortgage market.

“Specialist lenders therefore have an important role to plat to ensure all credit worthy borrowers are assessed on a case by case basis and are offered the responsible and affordable loans they deserve.

“Anyone hoping to get on the housing ladder would be wise to speak to an adviser who can help ensure they get the deeper underwriting experience they need to ensure the nature of their situation, with any possible external influences, is fully understood.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 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

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


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

Registered in England No: 05483197