Tag: British Bankers’ Association

BBA: Mortgage lending remains subdued

BBA: Mortgage lending remains subdued

The British Bankers’ Association (BBA) has today revealed a slight rise in the number of new mortgages approved by the major banks in March. According to the BBA, the number of new mortgages approved in the month stood at 31,660 - marginally better than February’s level of 30,178. However, mortgage approvals were down 10% on [...]

April 27, 2011 | 0 Comments More
BoE: Mortgage approvals up in February

BoE: Mortgage approvals up in February

The Bank of England has today revealed mortgage approvals rose in February. According to the Bank, there were 46,967 loans approved in the month, up from January’s 46,152. The level of approvals was broadly in line with analysts forecasts of a level of 46,800. In the meantime, the number of remortgaging loans approved totalled 35,725 [...]

March 29, 2011 | 0 Comments More
HMRC: House sales rise in February

HMRC: House sales rise in February

HM Revenue & Customs (HMRC) has today revealed a slight rise in the number of homes sold in February in the UK. According to HMRC, 57,000 homes worth at least £40,000 or more were sold in the month – 4,000 more than January‘s levels. The figures come as the British Bankers’ Association (BBA) revealed a [...]

March 23, 2011 | 0 Comments More
BBA: Mortgage approvals up 3% in February

BBA: Mortgage approvals up 3% in February

The British Bankers’ Association (BBA) has today revealed a slight rise in the number of new mortgages approved by the major banks in February. According to the BBA, the number of new mortgages approved in the month stood at 29,923 – marginally better than January’s level of 29,159, albeit lower than economists forecast of 29,350. [...]

March 23, 2011 | 0 Comments More
BBA: Mortgage approvals down 29% on year in January

BBA: Mortgage approvals down 29% on year in January

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in January. According to the BBA, the number of new mortgages approved in the month stood at 28,932 - marginally better than December’s levels but 29% lower compared with January 2010. The figures [...]

February 23, 2011 | 0 Comments More
BBA: Mortgage approvals continue to fall

BBA: Mortgage approvals continue to fall

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in December. According to the BBA, the number of new mortgages approved in the month fell to 28,726, down from 29,696 in November - representing the lowest figure since January 2009. Net mortgage [...]

January 26, 2011 | 0 Comments More
BBA: Mortgage approvals continue to fall

BBA: Mortgage approvals continue to fall

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in November. According to the BBA, the number of new mortgages approved in the month fell to 29,991, down from 30,689 in October - representing a 20-month low. Net mortgage lending fell to [...]

December 23, 2010 | 0 Comments More
Government meets bank bosses to discuss bonuses

Government meets bank bosses to discuss bonuses

Business Secretary Vince Cable and Chancellor George Osborne are meeting with the bosses of the top banks today to discuss the controversial issue of bonuses. Mr Cable is keen to set a limit on bonuses and a commitment to increase lending to SMEs. Yesterday, Mr Cable warned banks that the Government will remain determined and [...]

December 20, 2010 | 0 Comments More
BBA: Mortgage approvals continue downward trend

BBA: Mortgage approvals continue downward trend

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in October. According to the BBA, the number of new mortgages approved in the month fell to 30,766, down from 31,058 in September - representing the lowest level since March 2009 - when [...]

November 23, 2010 | 0 Comments More
BBA reports further fall in mortgage lending

BBA reports further fall in mortgage lending

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in September. Mortgage lending slumped to its lowest level in a decade in September, while mortgage approvals dived to an 18-month low, said the BBA. Net mortgage lending by the major banks totalled [...]

October 25, 2010 | 0 Comments More
Lloyds receives highest number of complaints, say FSA

Lloyds receives highest number of complaints, say FSA

Banking giant Lloyds has received the highest number of complaints in the first half of 2010 with 288,717 gripes. Figures from City regulator, the Financial Services Authority (FSA), said Barclays and Santander were second and third in the complaints league, with 250,667 and 244,978 complaints respectively. The Royal Bank of Scotland (RBS), which like Lloyds [...]

September 30, 2010 | 0 Comments More
BBA reports further fall in mortgage lending

BBA reports further fall in mortgage lending

The British Bankers’ Association (BBA) has today revealed a further fall in the number of new mortgages approved by the major banks in August. According to the BBA, mortgage approvals for the month stood at 31,767, down from 34,219 in July - representing the third consecutive monthly fall and the lowest since April 2009. The [...]

September 23, 2010 | 1 Comment More
Little evidence of ‘spring bounce’ say BBA

Little evidence of ‘spring bounce’ say BBA

The British Bankers’ Association (BBA) has today revealed a marginal rise in the number of new mortgages approved by the major banks in April. According to the BBA, mortgage approvals for the month stood at 35,729 - up by just 685 on March. The BBA said there is little evidence of the traditional “spring bounce” [...]

May 26, 2010 | 0 Comments More
Building societies benefit as savers seek save haven

Building societies benefit as savers seek save haven

According to the Building Societies Association (BSA), over one million people opened a new building society savings account last year. Building societies have benefited since the collapse of Icelandic banks, Icesave and Kaupthing Edge, and the near collapse of Northern Rock, Bradford & Bingley, RBS, HBOS/Lloyds. The BSA said an additional 1.2 million accounts (net [...]

March 3, 2009 | 0 Comments More