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Lending Rate Slows To 3yr Low

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Lending rate slows to 3yr low


"Net lending tells you more about where the housing market’s been, while approvals tell you more about where the housing market’s going," George Buckley, UK economist at Deutsche Bank, told Reuters.

"We knew that net lending would be weaker but we didn’t think it would be quite so weak. It’s a mixed report and I don’t think it will change the immediate outlook for the Bank of England."

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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