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
1 in 5 Brits Surveyed Have No Savings
Renters Saving For Deposit Falls to 6 Month Low Barclays Property Insights has revealed that renters are losing confidence about being able to buy a home, with the number of renters actively saving for a deposit falling to 17% from 31% at the start of the year. takepayments – the leading digital payment solutions provider…
Read More How Next-Gen Technologies Can Elevate Your Business Operations
In today’s increasingly connected world, the right technology can dramatically reshape the way a business operates. From communication infrastructure to cybersecurity and digital presence, next-generation tools are enabling organisations to work smarter, respond faster and maintain a competitive edge. Whether a company is looking to expand its reach or optimise internal processes, strategic tech investments…
Read More With new legislation being introduced, should you use an agent or continue with DIY lets?
To let and manage a property legally and have a successful tenancy takes a great deal of time, effort and knowledge. This is why so many landlords use the services of a qualified agent to look after their buy-to-let, particularly those that have other full or part-time employment. Here are just some of the things…
Read More The small print trap that every homebuyer should know before moving in
You’ve signed the paperwork, set a moving date, and picked out where the sofa will go, only to walk into your new home and discover the seller has taken the curtains, the light fittings, and even the oven. For many buyers, the shock of what’s been removed on moving day is a reminder of the…
Read More Property market summer slowdown debunked
The latest data analysis from Yopa has revealed that the commonly held belief that the property market slows down during the summer months is nothing but a myth, with the market actually seeing some of the highest levels of activity throughout the summer season over the last four years. Yopa analysed* historic market data for…
Read More Number of renters saving for a deposit hits six month low
Rent and mortgage spending sees highest growth since February, with renters disproportionately impacted More than half of UK adults believe renting a property is more expensive than paying a mortgage 17 per cent of renters report saving for a deposit in July, compared to 31 per cent in January Consumer spending on rent and mortgages…
Read More