BOE Q2 Credit Conditions Survey: Lenders reported increase in total capital levels

Bank of England (BOE) published the Q2 Credit Conditions Survey, with the UK banks & building societies reported total funding volumes broadly unchanged in the 3-months to mid-June 2016.

Key Points:

Demand for secured lending for house purchase increased significantly in Q2 2016

Supply of secured credit to households decreased slightly in the 3-months to mid-June

Lenders reported that their total capital levels increased in Q2 2016