CCR Magazine

CSA Top Banner
You are here  :Home arrow News arrow Comment on BoE gross lending figures for August from Richard Pike at Phoebus Software
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Comment on BoE gross lending figures for August from Richard Pike at Phoebus Software PDF Print E-mail
Friday, 30 September 2016
Richard Pike said:   Richard Pike, Phoebus Software sales and marketing director, says “Surprisingly the figures today from the Bank of England are in stark contrast to the upbeat prediction for mortgage lending in August from the CML last week.  This paints a very different picture that perhaps the seasonal lull had more of an effect than was at first thought.

“However, with reports of more properties coming onto the market in the three months since the referendum, lenders passing on the cut in interest rates and an improvement in consumer confidence it is likely that we will see some improvement as we head into Autumn. There remain two worries of course, the first being overall supply and the second is affordability. While caution remains the watchword wages are unlikely to keep pace with even a small amount of increase in house prices, which makes getting onto the property ladder a harder feat, especially for first time buyers.”
 
Enghouse Side Banner

CSA side

 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