Consumer lending boom driven by good lending practices

Joint research published yesterday by the Bank of England blog (BoE) and The Financial Conduct Authority (FCA) shows that the rapid growth in consumer lending has been driven by those with good credit scores. Unsecured loans grew rapidly in 2016/2017 amid concerns that lenders had underestimated their borrowers’ risk. Indeed the BoE even ensuring an […]

House prices to rise before interest rates do?

Property website Rightmove has confirmed that average house prices across England and Wales now stand at £313,435, a 1.1% increase compared to the previous month and the biggest increase seen since 2014. Apparently every October there is an increase, as buyers are eager to move in for Christmas, but this month is the biggest since […]