CCR Magazine

You are here  :Home arrow News arrow Comment on the Bank of England gross lending figures for October
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Comment on the Bank of England gross lending figures for October PDF Print E-mail
Wednesday, 29 November 2017
John Phillips, Just Mortgages and Spicerhaart group operations director, says “As a Bank of England rate rise became more realistic public perception increased and with it the need to ensure they had the best mortgage deal in place for the longer term.  Although there has been an increase in first-time-buyer activity, remortgage volumes are definitely a key component that is keeping the market at this level.  

“The opportunities that remortgages will provide to brokers in the coming months cannot be overstated. The budget announcements might have been good for first-time-buyers, but supply is still a big problem. Although the government’s plans are admirable, we cannot build new houses overnight. Until more homes get into the supply chain there is little opportunity for many homeowners to move up that chain. Advisers will need a good back book, and contact strategy, if current levels are to be sustained.”

 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


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