Ppi, Bankers & House Prices: The Mortgage Solutions News Quiz 19 July 2013
10 Questions
| Total Attempts: 33
Test your knowledge of the week's events with this quick quiz.
Questions and Answers
- 1.According to a survey of first-time buyers, how many chose the first mortgage they came across?
- A.
12%
- B.
25%
- C.
65%
- 2.What trend in the private rental sector did MPs warn about this week?
- A.
Hipsterization
- B.
Yuppiness
- C.
Studentification
- 3.PPI claims made up what percentage of complaints to the Financial Ombudsman?
- A.
23%
- B.
74%
- C.
83%
- 4.The Council of Mortgage Lenders called for which of the following in order to encourage investment in the private rental sector?
- A.
Tax breaks for landlords
- B.
Devolved regulation
- C.
Large landlord bonuses
- 5.Savills revised its forecast for house prices this week to 3.5%. What was its original estimate?
- A.
0.5%
- B.
1.2%
- C.
4.6%
- 6.Persimmon Homes launched a scheme to rival Help to Buy in Wales. What is its name?
- A.
Help New Buy
- B.
Help You Buy
- C.
Bara Brith
- 7.How did Bank of England director Paul Fisher describe the process of making monetary policy?
- A.
Political with a small p
- B.
Conservative with a small c
- C.
Risky with a large R
- 8.How much more did first-time buyers pay for houses this May compared to the previous year?
- A.
2.2%
- B.
3.1%
- C.
4.1%
- 9.Over 2,000 British bankers earned over a million euros in 2011. How many of their German counterparts received this sum?
- A.
1,742
- B.
170
- C.
3
- 10.What process did MP Sarah Teather compare renting a property to?
- A.
Buying fruit in Sainsbury’s
- B.
Checking the bargains in Tesco
- C.
Picking an M&S ready meal
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