approvals

UK property growth was flat in October, latest index data shows

The annual rate of house price growth in the UK slowed to 4.6% from 5.3% in October with values flat month on month, the latest national housing index shows. The Nationwide index says this take the average price of a home to £205,904 and suggest that the introduction of a 3% stamp duty surcharge on […] The post UK property growth was flat in October, latest index data shows appeared first on PropertyWire . Continue reading

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New mortgages in UK increased month on month but still below a year ago

The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading

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UK home lending biggest for month of September since 2007

The home lending market in the UK has not been affected by Brexit with the latest figures showing that gross mortgages reached £20.5 billion in September. This was the highest September lending figure recorded by the Council of Mortgage Lenders since 2007 and was 2% higher than September 2015 but it was 7% lower than […] The post UK home lending biggest for month of September since 2007 appeared first on PropertyWire . Continue reading

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