Bank of England loans for house purchase ’static’


Bank of England (BoE) Lending to Individuals statistics for May, released today, reported a very marginal reduction (0.02%) in it’s key UK Housing market indicator, the number of loan approvals for house purchase (also known as Mortgage Approvals).

Bank of England keeps Interest Rate at 0.5%


As widely expected, the Bank of England (BoE) today kept the Interest Rate at the low of 0.5%, which it first reached in March 2009.

Bank of England Mortgage Approvals up 1.7%


Bank of England (BoE) released it’s Lending to Individuals statistics today. The number of loan approvals for house purchase (also known as Mortgage Approvals) was up in April by 1.7% against March figures.

Bank of England – Bank Rate remains at 0.5%


The Bank of England’s Monetary Policy Committee today announced that it had voted to keep the Bank Rate at the all time low of 0.5%, along with maintaining the size of the asset purchase programme (quantitative easing).

BoE Mortgage Approvals up 4.3%, but below 6 months average


The Bank of England today released its “Lending to Individuals” statistics for March 2010. The key figure for property investors, the number of loan approvals for house purchase (aka Mortgage Approvals) was up by 4.3% from February.

Bank of England Interest Rates remain at all time low – 0.5%


The Bank of England (BoE)today announced they would keep the interest rates at the all time low of 0.5%. Interest rates have now been at this level for 13 consective months.

Mortgage Approvals down 2% and to a nine-month low!


The Bank of England today announced that Mortgage Approvals for house purchases were down 2% on January and therefore means approvals are at a nine-month low.

Bank of England (BoE) interest rates stay at 0.5%


The Bank of England (BoE) decides to keep the Interest Rate at 0.5% and maintain the size of the asset puchase programme

Bank of England “Mortgage Approvals” figure for January down 17%


17% drop in The Bank of England’s ‘Mortgage Approvals’ figures in January!

Interest rates remain at 0.5%


Bank of England Maintains Bank Rate at 0.5% and Maintains the Size of the Asset Purchase Programme at £200 Billion
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by [...]