Dates for your DIARY...

5 July 2010

JULY 8
Monetary Policy Committee sets the Bank base rate for July One member of the committee may have voted for an increase in the Bank of England base rate last month but the outcome of this gathering is surely a no-brainer. Expect another hold.

JULY 13
Inflation figures are published Last month saw the Consumer Price Index fall to 3.4%, down from 3.7% the previous month. Is another fall on the cards?

JULY 20
Council of Mortgage Lenders gross mortgage lending data due out We’ve seen static lending this year, and as the months go by the CML’s prediction of £150bn in gross lending in 2010 looks ever more like wishful thinking. So, with pundits and PRs blaming the World Cup and Wimbledon for lacklustre interest in house buying it will be interesting to see what the latest figures look like.

JULY 29
Santander publishes its Q2 2010 results Abbey for Intermediaries has continued to aggressively lend in the UK mortgage sector, and the industry will be interested to see whether it increased its market share in Q2.

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