Buy-to-let Property News, Finance
BoE: mortgage approvals fall to 54,900 as rates rise
The Bank of England says house-purchase approvals fell to 54,900 in August and remortgaging approvals to 34,000 as new-mortgage rates rose to 4.60 percent.
mortgage approvals
Buy-to-let Property News, Market
Lloyds: house prices post first annual fall since 2023
Lloyds says August brought the first annual house-price fall since November 2023, after average values slipped 0.2 percent in the month to £298,468.
Buy-to-let Property News, Finance
BoE: mortgage approvals rise to 58,200 but stay below trend
Bank of England data shows net mortgage approvals for house purchases rose to 58,200 in June from 56,600 in May, while remortgage approvals climbed to 41,800 but both measures stayed below long-run norms.
Buy-to-let Property News, Finance
BoE says mortgage approvals hit 2023 low in May
Bank of England data shows mortgage approvals for house purchases fell to 56,200 in May, the lowest level since December 2023, as borrowing costs rose…
Buy-to-let Property News, Finance
BoE: mortgage approvals rise but borrowing cools in April
Mortgage approvals for house purchases rose to 65,900 in April, up from 63,600 in March, but net mortgage borrowing dropped to £4.4bn from £6.8bn, according…
Buy-to-let Property News, Market
Mortgage approvals hit two-year low as buyers hold back
Mortgage approvals for house purchases fell to 59,999 in January, the lowest level in two years, according to Bank of England data released today. The…
Buy-to-let Property News, Finance
Mortgage approvals expected to rise as landlords eye stronger market
The UK mortgage market is set for a significant boost in 2025, with approvals projected to increase by 13.4%, according to research by award-winning mortgage…
Buy-to-let Property News
Mortgage approvals rise for fourth consecutive month
Mortgage approvals for house purchases climbed to 65,647 in September, up 1.1% from 64,958 in August, marking the fourth consecutive month of positive growth, according…
Buy-to-let Property News
UK mortgage approvals rise, hinting at renewed confidence in the housing market
UK mortgage approvals in July saw a slight increase, with figures reaching 61,985-a 2.3% rise from June’s 60,611. This marks the second consecutive month of…
Buy-to-let Property News
Interest rate cut expected to boost mortgage approvals
The Bank of England’s decision to lower interest rates at the start of August is anticipated to give the housing market a significant lift, according…
Buy-to-let Property News
Steady mortgage approvals hint at market optimism
The latest mortgage approval figures from the Bank of England reveal a stable housing market, with 59,976 mortgage approvals for house purchases in June. Although…
Buy-to-let Property News
UK property market shows resilience as mortgage approvals remain strong
The UK property market continues to demonstrate resilience, with mortgage approvals in April remaining steady at 61,140, a slight decrease from 61,263 in March, but…
Buy-to-let Property News
Property sales: spring bump – but no bounce
Property sales (non-seasonally adjusted) were 94,870 – up 26% from February – but still 14% lower than a year earlier. When they’re seasonally adjusted, they…
Buy-to-let Property News
Mortgage approvals dip as housing market cools
There were 7.000 fewer house purchase mortgage approvals in October than in September, the Bank of England has reported. Giving further proof that the house…
Buy-to-let Property News
House prices rocked but pace of sales set to slow
House prices have continued to rocket upwards over the last few months, the latest findings from Halifax confirm. The mortgage lender put the average price…
