home lending
UK property lending market sees rise in buyers with smaller deposits
Home buyers needing small deposits are making up a larger share of the property market with the latest figures showing they account for more than a fifth of all new mortgage approvals. In total home borrowers with a deposit of 15% or less made up 20.5% of the market in February, substantially higher than both […] The post UK property lending market sees rise in buyers with smaller deposits appeared first on PropertyWire . Continue reading →
Total mortgage lending in UK still affected by weakness in buy to let
Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading →
Disappointing lending figures suggests UK mortgage market is in decline
The number of loans advanced for house purchases in the UK in January was at its lowest monthly level since February 2015 and at a near two year low, the latest data shows. Home buyers borrowed £8.4 billion in the first month of the year, down 28% on December and unchanged on January 2016. This […] The post Disappointing lending figures suggests UK mortgage market is in decline appeared first on PropertyWire . Continue reading →