Mortgage approvals decreased in December according to Bank of England
January 30, 2018
Statistical release published today from Bank of England – Money and Credit: December 2017.
Lending to Individuals.
Mortgage approvals decreased in December, with falls for both house purchase and remortgaging approvals. House purchase approvals were the weakest since January 2015 and remortgaging approvals fell to 46,475, following strength in October and November.
Read the statistical release published 30th January 2018 – Money and Credit: December 2017 in full click here
You May Also Enjoy
Smart Upgrades: Boosting Rental Property Value Without Breaking the Bank
Most landlords don’t have a vault of gold stashed away for renovations. If you do, good for you (and maybe hide it better?). But for the rest of us, improving a rental property usually means walking a tightrope between cost and ROI. So what can you actually do that won’t drain your savings, and still…
Read More Creating the Perfect Rental: Balancing Aesthetics, Functionality, and ROI
Let’s get this out of the way: “perfect” is doing a lot of heavy lifting in that title. Because, really, no rental is perfect. Not for everyone. Not forever. But if you’re aiming to create a rental that looks good, works well, and pays you back in more than just stress headaches? You’re in the…
Read More The Landlord’s Guide to Hassle-Free Maintenance and Long-Term Tenant Satisfaction
Do you own rental property? If yes, you already know that you are being put on a test: keeping things running smoothly while somehow managing not to lose your mind (or your best tenants). Maintenance. It’s not fun. But neglect it, and your rental becomes a revolving door of disappointed tenants and mounting repair bills.…
Read More Breaking Property News 22/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Mandatory AML checks now enforced for Landlords and Tenants From 14th May, 2025 new UK legislation requires that all landlords and tenants be screened against global sanctions and PEP (Politically Exposed Persons) lists. These checks are now a legal obligation, with no exceptions, and failure…
Read More Inheritance Tax Receipts raise £0.8 billion in one month
Inheritance tax receipts hit £0.8 billion in April 2025 according to data released by HM Revenue and Customs (HMRC) this morning. This is £97 million higher than in April of the previous tax year, and continues an upward trend over the last two decades. With such a strong start to the new tax year, predictions that Inheritance tax…
Read More Zoopla research reveals homeownership outranks marriage as top priority for UK adults
A new survey from Zoopla reveals that 48 per cent of UK renters in a relationship are prioritising saving for a home over a wedding, with this figure rising to 59 per cent amongst Gen Z The financial pressures of saving for a home have resulted in a fifth considering postponing marriage in favour of…
Read More