Tag Archives: Richard Sexton
Gross mortgage lending at 11-month high in October
There are signs that the market weakness of recent months may be coming to an end, according to the Council of Mortgage Lenders. The CML’s forward estimate is that total gross mortgage lending recovered to £12.9 billion in October. …
Mortgage market slumps to third worst August on record
• House purchase loans in August fall 8% year-on-year to 48,913 • Lending volumes and LTVs sinking back to 2010 levels • High LTV lending falls 10% in August • Less than 5,000 purchase loans granted to buyers with …
July house prices up 0.8 per cent since June
July house prices up 0.8 per cent since June: average house price in England and Wales now £162,900 South East tops the table of regional applications with 263,214 in July Over 62,000 residential properties in England and Wales lodged for …
Gross mortgage lending declines in September
The Council of Mortgage Lenders estimates that gross mortgage lending in September was £11.6 billion. This is 10% lower than August’s gross lending figure of £12.9 billion and a 15% fall from £13.7 billion in September 2011. Gross lending …