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Mortgage slowdown shows cooling of UK property

Published on 13/11/2014 By Tomas

  Published by FastFT on Monday, 10 November 2014   There are further signs of how conditions are cooling in the UK property market. Council of Mortgage Lenders data show lending to home buyers decreased 7 per cent month-on-month in September to 58,600 loans. The value of these loans also fell 8 per cent month-on-month […]

Low Rates for Steadier Property Market

Published on 15/10/2010 By Tomas

Published by Bloomberg By Jennifer Ryan on Wednesday 13 October 2010   Britain needs interest rates to stay low for as long as possible to help its property market become “steadier” without swings in prices that make homes unaffordable, Housing Minister Grant Shapps said. “It’s really important that we keep interest rates low for as […]

UK mortgage lending down again

Published on 28/09/2010 By Tomas

Published by Financial Advice on Thursday 23rd September 2010   UK mortgage lending for August was down 22.3% against the corresponding period last year with just under 32,000 approvals. In total £11.4 million was injected into the UK housing arena although this was well down on the £13.3 billion just a month earlier. So what […]