lending

The Council of Mortgage Lenders is predicting house prices will grow 4% in 2005 but mortgage lending will slow, according to its latest forecasts for 2005-2007.

Strong results from Nationwide have contrasted sharply with figures from the Council of Mortgage Lenders, the British Bankers' Association, and the Building Societies Association - and indeed its own forecasts for 2005 - as to the waning strength of the...

Average house loan sizes as well as the number of such loans approved dropped in September, figures published by the British Bankers' Association suggest.

Simon Rubinsohn, chief economist at stockbroker Gerrard, says the Bank of England is unlikely to raise rates in the next two months.

Increasing interest rates do not seem to have deterred people from borrowing more as new findings from the Bank of England suggest total debt in the UK almost hit the £1 trillion mark in May.

The latest lending figures from the Bank of England suggest the Monetary Policy Committee will simply be discussing the size of the interest rate rise rather than whether to impose one at all when it meets later this week.