Mortgages

According to Nationwide, what has been the trend in house price growth in June?

• Prices rose by 2%

• Prices rose by 0.2%

• Prices remained the same

• Prices fell by 0.2%

What is the average house price as reported by Nationwide?

• £266,064

• £300,000

• £250,000

• £280,000

By how much have transactions involving a mortgage decreased over the past year?

• 15%

• 20%

• 10%

• 25%

What was the interest rate on a five-year fixed rate mortgage for a borrower with a 25% deposit in late 2021?

• 2.5%

• 1.3%

• 3.7%

• 4.7%

Which region saw the biggest price increases over the past year?

• Wales

• Scotland

• Northern Ireland

• England

What is the average rate on a two-year fixed mortgage deal according to Moneyfacts?

• 6.95%

• 7.95%

• 5.95%

• 4.95%

When is the Bank of England's next Monetary Policy Committee meeting?

• 1 October

• 1 September

• 1 August

• 1 July

How much are monthly mortgage repayments expected to increase for the typical household?

• £180

• £150

• £200

• £100

What percentage of housing sales are accounted for by cash buyers?

• 10%

• 20%

• 30%

• 40%

What is one suggested way to make your mortgage more affordable?

• Increase the interest rate

• Make overpayments

• Move to a fixed-rate mortgage

• Reduce the mortgage term