Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
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Mortgage lending reaches a record high
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.
Mortgage lending drops, but remains higher than last year
Slightly fewer new mortgages were approved in May than in April, but substantially more than at the same time last year.
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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