Mortgage lenders see a ‘pre-Summer boost’
But new buy-to-let lending has fallen by over 20% year-on-year
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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…
Mortgage approvals fall again, but remain above pre-pandemic levels
UK borrowers repaid £1.4bn of mortgage debt in July; it's only the second time in a decade that the Bank of England's data has shown a net repayment.
Industry Reactions: Mortgage approvals drop again
'The market is likely to remain turgid until we see inflation brought under control and talk of interest rate rises return to talk of interest rate cuts,' comments one influential pundit.
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