• Lenders expect to increase credit availability for businesses significantly in Q3
  • Q2 business loan demand rose significantly
  • Q2 mortgage availability rose slightly
  • Lenders say tougher rules may reduce mortgage approvals
  • Lenders expect capital levels to increase in Q3
  • Credit availability for LTV ratios above 75% unchanged in Q2

The BOE release their liabilities survey

No surprise to see expectations for mortgage approvals lowered as the screw gets tightened on mortgage borrowers.