The number of £1m+ mortgage jumped by 24% last year

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Banks are preferring to lend to owner-occupiers over property developers, says peer-to-peer finance firm

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Main image: Engraving of a money-lender by Quentin Matsys of Antwerp, from Illuminated Manuscripts in Classical and Mediaeval Times, their Art and their Technique

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"We do not expect the Bank of England to move quickly to raise interest rates, once the UK passes the 7% unemployment threshold," says the Council of Mortgage Lenders, as "housing activity is set to strengthen…
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While "the macro-economic story for the UK will remain benign" for the next year or so, prime residential property markets are in for a fairly subdued - but still positive - year, says Savills.
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Stamp duty receipts "so far this year have been much weaker than expected" says the OBR