Cunliffe: UK housing risks back on the rise

Sir John Cunliffe
Jon Cunliffe, Bank of England

Household balance sheets are vulnerable to a large shock and certain risks in the housing sector are increasing again after a period of calm, Bank of England (BoE) deputy governor Jon Cunliffe said today (March 2) in the British parliament.

During a testimony before a House of Lords select committee, Cunliffe said house-price inflation is up, the number of transactions are growing and the share of borrowers taking out loans with high loan-to-value ratios is rising. Much of this growth is driven

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