Gross mortgage lending climbs to £7.3bn in September
The British Bankers’ Association’s figures for September show gross lending rose by £0.3bn to reach £7.3bn but remained below the six month average of £7.5bn. ... Read more
Why it’s cheaper to buy than rent…
Once, renting a house was the logical way to save up to buy a home of your own – but not anymore. In fact, it ... Read more
Mortgage lending up 8% in July
Gross mortgage lending increased to £12.7bn in July, representing a monthly increase of 8%, according to the latest figures from the Council of Mortgage Lenders. ... Read more
Gross lending drops 6% to £11.7bn in June
Gross lending totalled £11.7bn in June, 6% lower than May’s total of £12.5bn and 7% lower than in last June. But the Council of Mortgage ... Read more
Nearly half of renters can’t save for a deposit.
SpareRoom.co.uk last week published research showing that nearly half of UK renters cannot afford to save for a deposit. The results of its poll show ... Read more
Gross lending by building societies up 38% year-on-year!
Gross mortgage lending by building societies and other mutuals was up by 38% in the first half of the year compared with 2011. Gross lending ... Read more
House purchase lending up 33% in May
The number of house purchase loans grew by 33 per cent between April and May and by 24 per cent over the course of the ... Read more
58% of homeowners have never remortgaged
Barclays is warning that consumers are missing out on a huge cost-saving opportunity after research by the bank revealed that 58% of homeowners have never ... Read more
Four in 10 mortgage holders have no life cover
Four in 10 mortgage holders have no life cover. A total of 43% of mortgage holders in Britain do not have their mortgage payments protected ... Read more