Posts Tagged ‘UK Finance’
Especially high number of loans for first time buyers in June according to UK Finance
News release published by UK Finance yesterday 15th August 2017 headlined ‘First-time buyer activity continues to grow in June’ reveals, June mortgage lending trends show month-on-month and year-on-year increases in house purchase, buy-to-let and remortgage activity. On a seasonally adjusted basis, lending to first-time buyers and home movers remained relatively unchanged month-on-month, but there were…
Read MoreMortgage arrears and repossessions hit new low.
According to data from UK Finance the number of mortgages in arrears of 2.5% or more of the outstanding balance declined to 88,200 in the second quarter of this year, this figure amounted to 0.8% of the more than 11 million mortgages outstanding in the UK, the lowest level since at least 1994 when this run of data…
Read MoreMortgage lending rose in May
The UK Finance press release yesterday headlines ‘Home buyers up 12% in May compared to April’. May mortgage lending trends show month-on-month and year-on-year increases in house purchase, buy-to-let and remortgage activity. On a non-seasonally adjusted basis, UK Finance data shows that mortgage lending in May rose. In May home buyers borrowed £10.8bn, up 10%…
Read More