Industry Reactions: Mortgage lending bounces back from April’s slump
Fresh Bank of England data on mortgage approvals show increased activity in May - but 'are broadly consistent with a property market treading water,' comments Simon Gammon of Knight Frank Finance.
Industry Reactions: Mortgage lending bounces back
Mortgage approvals were up 28% year-on-year in December, and the Bank of England thinks 'there is still optimism for further mortgage approval increases in the coming months, if bank rate cuts materialise.
Industry Reactions: Mortgage lending slumps after Stamp Duty deadline
The latest Bank of England release also shows a continued decline in new mortgage approvals.
Industry Reactions: Mortgage approvals slide again
'A minor slip in mortgage approvals in February adds weight to the narrative that the housing market recovery has lost some momentum,' says Lucian Cook of Savills
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