Ppi, Bankers & House Prices: The Mortgage Solutions News Quiz 19 July 2013

10 Questions | Total Attempts: 33

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News Quizzes & Trivia

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