Home buyer activity continues to build
Recent figures have indicated that the number of home buyers grew significantly during March.
Property sales predictions for 2017
The number of people buying homes is expected to fall in 2017, as landlords and owner occupiers are deterred in the wake of the tax changes and economic uncertainty, following the EU referendum result. The number of transactions is predicted to fall to 1.17 million according to the Council of Mortgage Lenders (CML), the lowest […]
Remortgages up as number of home mover mortgages drops sharply, says CML
The number of remortgages in Q2 of 2016 is up 5.8% on Q1, and up 19.3% on Q2 of 2015 according to the Council for Mortgage Lenders (CML). The CML also sayS that the number of loans to home movers has dropped sharply, both on Q1 and Q2 of 2015, dropping 18.3% on a year […]
Mortgage lending still on the rise, despite Brexit uncertainty
Similarly to May’s Council of Mortgage Lenders (CML) figures, borrowing is defying predictions.
First time buyers take out 16% more mortgages year on year in May
The number of mortgages taken out by first time buyers rose 16% year on year into May according to the Council for Mortgage Lenders. The 16% rise also means that first time buyers have taken out more mortgages than home movers, with first time buyers taking out 27,500 loans compared with 26,300 for movers. The […]
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 […]
