Articles Tagged With: Mortgage Lending

Gross mortgage lending declined to an estimated £10.2 billion in April, it has been reported. According to the Council of Mortgage Lenders CML, the total fell by 12 per cent from £11.6 billion

The slowdown in mortgage lending is normal and the housing market is likely to have its ups and downs over the coming months, according to one broker. Catherine Hearnden, director of MyMortgageDirect,

The number of mortgage approvals for home purchase in March rose by five per cent compared to the previous month, according to figures from the British Bankers' Association BBA. In total, 34,095 home

HSBC has launched a new split loan mortgage which allows people to fix a proportion of their loan and have a tracker rate for the remainder. Borrowers can opt to fix 25 per cent, 50 per cent or 75 per

Borrowers with small deposits are paying substantially more for mortgages than in the recent past, it has been reported. According to David Black, banking specialist at Defaqto, there are still relatively

Gross mortgage lending rose by 24 per cent last month, according to the latest figures from the Council of Mortgage Lenders CML. Total lending reached £11.5 billion in March, up 24 per cent on the

A 12 per cent rise in the number of loans advanced for house purchase was witnessed during February, it has been reported. According to the Council of Mortgage Lenders CML, 35,000 loans were made during

The Council of Mortgage Lenders CML has cautiously welcomed the new stamp duty concession for first-time buyers, which could help young people take advantage of cheaper mortgage rates. Chancellor Alistair

Gross mortgage lending increased to an estimated £9.2 billion in February, up six per cent on the previous month, according to the Council of Mortgage Lenders CML. Lending was down by six per cent

A drop of £300 in income would cause one in four people to default on their mortgage payments, it has been reported. Research conducted by Callcredit, which interviewed professionals in the 35-44

The increasing tendency among lenders to offer higher loan-to-values is a positive sign for those seeking cheap mortgage rates, it has been claimed. Ben Wilkie, editor of What Mortgage, said the market

Yorkshire Building Society has given a further boost to the UK property market by signalling its intention to step up its mortgage lending over the remainder of 2010. The country's second-largest mutual,

The relatively weak level of mortgage lending in January has been met with little surprise from the British Bankers' Association BBA. Figures from the Council of Mortgage Lenders CML revealed that

Mortgage lending will recover in time, but it is likely to remain at current levels of decline for the next few months, one lender has claimed. Timothy Lambert, head of consulting at Ducalian, was commenting

High street lender Halifax has celebrated the 21st anniversary of the fixed-rate mortgage by launching a new product. The bank has introduced a new 21-month fixed-rate deal which allows homeowners to guarantee

Gross mortgage lending stood at £9.1 billion for the first month of the new decade, newly-released figures from the Council of Mortgage Lenders CML show. This represents a 32 per cent fall in lending

Spanish bank Santander increased its net mortgage lending in the UK to £7.6 billion last year and estimates that this represents a net market share of 69.1 per cent. However, the firm's share of the

The UK witnessed a slight dip in the number of mortgages approved for home purchase during December 2009. According to the Bank of England, approvals stood at 59,023, down from 60,045 in November - but

Mortgage lending strengthened slightly in December, the British Bankers' Association BBA has reported. The organisation says gross lending was inflated by some borrowers pushing through purchases ahead

Gross mortgage lending reached an estimated £13.7 billion in December, up 14 per cent from the £12.1 billion recorded in November. According to the Council of Mortgage Lenders CML, this also