Proportion of small deposit buyers has risen again says e.surv
e.surv Chartered Surveyors Mortgage Monitor for April released May headlines ‘Small deposit lending increases once again’.
Fourth successive month the proportion of small deposit buyers has risen, taking a 21.4% share of the market
Overall mortgage market has grown for first time since November 2016
Northern Ireland is top location for small deposit buyers in April
67,035 mortgage approvals in April, an increase of 0.3% monthly
April’s total is 1.7% higher than the same month a year ago
Richard Sexton, director of e.surv, said: “April was a positive month for the UK mortgage industry with the overall size of the market growing on a monthly basis for the first time since November 2016.
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