Large deposit borrowers on the decline
Recent research has indicated that the number of large deposit borrowers is falling.
Time taken to save for a deposit builds
The time taken to save for a 15% deposit has risen by 12 months since 2015.
Remortgages only bright spot as number of mortgages tumbles month to month
The number of mortgages taken out by home movers was down 46% month to month, with landlords taking out 64% fewer mortgages in April compared with March. First time buyers also took out fewer mortgages, with 9% fewer month to month. However year on year, the number of mortgages taken out by FTBs in April […]
Number of Loans for house purchase drops from March to April – BoE
The number of loans for house purchase taken out in April was 71,849 according to the Bank of England, a drop of just over 5,000 from the previous month. However the number of loans taken out was still marginally higher than April last year, when 69,836 loans for house purchase were taken out. The change […]
