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Gross lending forecast to grow 39% to over £286bn by 2019

Gross lending is forecast to reach over £286bn by the end of 2019 due to an improving economy and growing wages. Timetric, a firm that provides business information services to financial services companies, predicts average growth of around 7 per cent each year until the end of 2019. It forecasts gross lending to reach £218.6bn […]

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Analysis: Rates mean nothing without service

Throughout my 20 years as a broker, I told clients that rate was not everything and they should look beyond it to see what the provider had to offer. After years of wishing that lenders’ service levels would improve, it is frustrating that my experience on the other side of the fence has not seen […]

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Mortgage Mole: It’s a Funny Old Game

It’s a funny old game  Early August: for some this means a family holiday away, topping up your tan or spending the long evenings in a beer garden. For millions of people around the country, however, it means the start of the football season. Just one week in and scandal is already emerging (cue Jose […]

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Remortgage loans surge by 34%

Remortgage lending surged in June as borrowers prepare for the first rise in base rate in over six years. Figures from the Council of Mortgage Lenders, published last week, show remortgage lending was up 34 per cent year-on-year to £5.1bn. By volume, remortgage loans were also up annually, by 31 per cent to 31,600. The […]

What the huge rebound in sterling means for the UK's inflation outlook

The world’s strongest currency in November was not the US dollar, despite the greenback rallying 3.5% against the euro, 8.7% against the Japanese yen and over 8.6% versus the Mexican peso and the Turkish lira up to yesterday’s close. The strongest currency last month was sterling, which had strengthened 2.2% versus even the mighty US […]

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