Mortgage lending ‘fell off a cliff’ in April

News

Latest BoE figures show just 15,800 approvals for house purchase across the entire month, 80% down on February and around half the number recorded in the depths of the GFC

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September saw fewer home-mover, first-time buyer and buy-to-let mortgages agreed compared to the same month last year, says UK Finance
News

2018's total gross mortgage lending was nearly 4% higher than the previous year
News

Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.