Posts Tagged ‘high street banks’
Gross mortgage borrowing in February higher than same month last year according to BBA
The BBA today released their February 2017 figures for the high street banks. It states: Gross mortgage borrowing of £13.4 billion in February was 4.6% higher than in the same month last year. After allowing for repayments, February’s net mortgage borrowing was 2.5% higher than in February 2016. House purchase approval numbers of 42,613 were…
Read MoreMortgage approvals down in November says BBA
The British Bankers Association (BBA) press release wednesday 28th December, headlined ‘November 2016 figures for the high street banks’. Gross mortgage borrowing of £12.2bn in the month was 5% lower than in November 2015, while net mortgage borrowing is 2.4% higher than a year ago. House purchase approval numbers fell 9% in November 2015 and…
Read MoreMortgage lending and approvals fell back in June
The British Bankers Association (BBA) news article released 26th July headlined ‘June 2016 figures for the High Street Banks’ Dr Rebecca Harding, BBA Chief Economist, said: “This month’s High Street Banking data reflects the uncertainty that was felt ahead of the EU referendum. “Business borrowing in June dropped for the first time in 2016, signalling…
Read MoreMortgage lending growth falls back in April
British Bankers Association (BBA) today releases April 2016 figures for the high street banks. Gross mortgage borrowing of £12bn in the month was 12% higher than in April 2015. As expected, this was a slower month, following the inflated lending activity associated with borrowers completing purchases ahead of the stamp duty increase. Net mortgage borrowing is running…
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