Mortgage approvals ticked up slightly in May – BoE data
'Not as bad as some we may have feared,' says North London estate agent Jeremy Leaf - but Savills warns that June's lending statistics 'will be more telling given the timeline of turbulence in the mortgage markets.'
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Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
Mortgage approvals saw ‘significant’ jump in March
The latest Bank of England mortgage statistics illustrate the property market's 'convincing rebound', says Knight Frank, while Savills suggests the March data 'reflects an increasingly stable and competitive…
Mortgage approvals slip but remain above pre-pandemic levels
“After the roller-coaster ride of the stamp duty holiday, activity levels in the UK housing market will feel tame by comparison in the final months of this year," says Knight Frank research chief Tom…
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