Bank of England

Less than one in fifteen home buyers recognise low interest rates and inflation as a key reasons for Britain's house price boom, according to research from Propertyfinder.com.

The Bank of England's Monetary Policy Committee (MPC) has decided to keep interest rates at 5.75% following a meeting today.

Northern Rock may have received another bailout from the Bank of England, according to New Star economist, Simon Ward.

House price growth remained steady at around 11% per year in August, according to Assetz composite house price index.

Close Mortgages, the mortgage arm of Close Brothers, has today suspended its applications process.

Savers are demanding an increase in the level of compensation paid in the event of a bank going bust, research suggests.

Weekly balance sheets released by the Bank of England (BoE) may reveal the size of an emergency loan supplied to Northern Rock, an economist suggests.

Mervyn King, governor of the Bank of England, says legislation and regulation have made the crisis in the banking industry more difficult to deal with.

The Bank of England has done a U-turn by injecting £10bn into the money markets to lower three-month inter-bank interest rates.

Most homeowners would not consider selling their property if house prices were to fall, and some would even consider buying more property, according to a report from the Building Societies Association (BSA).