What is the Funding for Lending Scheme?

The "funding for lending schemes" is an initiative between the Bank of England and The Treasury designed to encourage the stimulation of the economy.

In essence, the Bank of England is letting commercial banks borrow funds from it cheaply so it can pass this on in the form of cheaper loans to firms

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I’ve just heard from my solicitor that he has the funds in from Interbay, had paid off our mortgage and is sending the balance on to me, which means that finally this is all over and  I can move on.  Thank you all so much for your help in arranging the mortgage, I am sure that my future plans will involve needing to arrange finance, and I will happily come back to you again.

Some of our Lending Partners