home lending
Home buyers in Scotland borrowed less towards the end of last year, latest figures show
Home buyers in Scotland borrowed £2.2 billion in the final quarter of 2016, down 0.5% quarter on quarter and 3% year on year, the latest data shows. They took out 16,800 loans, down 1% compared to the previous quarter and 3% on the fourth quarter 2015, the figures from the Council of Mortgage Lenders (CML) […] The post Home buyers in Scotland borrowed less towards the end of last year, latest figures show appeared first on PropertyWire . Continue reading →
Gross mortgage lending down in UK in first month of 2017
Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading →
Buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows
The number of buyers in London fell 3% to a four year low in the final quarter of 2016 with home lending at its lowest since 1991, the latest mortgage figures show. The London housing market is being affected by persistent affordability and supply issues with home mover activity in particular on a downward trend, […] The post Buyers in London fell by 3% in final quarter of 2016, latest mortgage data shows appeared first on PropertyWire . Continue reading →