Company Tag: Lloyds Bank

Britain's biggest mortgage lender expects UK house prices to rise by an average of 2% next year.

Salcombe retains its title despite price drops.

Mortgage lender expects the Bank of England to cut interest rates three times by the end of this year.

'We expect house prices to fall between 2% and 4% this year,' says Britain’s biggest mortgage lender.

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Major mortgage lender is focusing on 'slightly better-off customers', as it sets out an array of property price forecast scenarios.

Lloyds Banking Group's new buy-to-let division, Citra Living, could see its budget quadruple to £1 billion or more, according to "people familiar with the deliberations."

Citra Living plans to build a massive portfolio of 50,000 private rental properties over the next ten years, according to reports.

Lloyds Banking Group's new stand-alone brand will "initially start small", buying up and renting out around 400 "good quality" new-build properties by the end of this year.

It's being reported that the UK's largest mortgage lender is to begin building its own portfolio of rental properties this year.

Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.