High Street Banking Statistics

The BBA published today High Street Banking statistics,  the data does not suggest that borrowing patterns have been unduly affected by the Brexit vote. Net mortgage borrowing and consumer credit annual growth are identical to the figures in June at 3% and 6% respectively. Mortgage approvals for house purchases were 19% lower  in July than…

Read More

Metro Bank lending more than doubles.

Shares in Metro Bank edged higher early today, the Bristish lender which listed on the  London Stock Exchange in March and opened the  first branch of Metro Bank in Holborn in central London, revealed its first quarter loss narrowed on the back of solid growth in commercial lending and residential mortgages. Metro Bank said its…

Read More

New estate agents open in London every other day.

Statistics published by the online estate agent HouseSimple.com show that a new estate agent opens somewhere in the capital every 1.6 days, Ealing Broadway and Turnham Green are west London’s hot spots, there are 17 property vendors within a quarter of a mile of each station, more than anywhere in London except Walthamstow, Borough and…

Read More