Mortgage approvals drop in wake of stamp duty threshold changes

Mortgages approvals fall for fourth consecutive month - Credit Connect

Latest data from the Bank of England has found that net borrowing of mortgage debt by individuals decreased sharply by £13.7 billion to -£0.8 billion in April. This followed an increase in net borrowing by £9.6 billion in March. Net mortgage approvals for house purchases decreased for the fourth consecutive month, with a fall of 3,100 to 60,500 in April. By contrast, approvals for remortgaging increased by 1,600, to 35,300 in April. Richard Pinc…

Mortgage deal data reveals extent of April slump

Figures from the Bank of England show how much the property market slowed down after the rush prompted by a Stamp Duty relief deadline.

UK mortgage approvals drop again following stamp duty rush - Property Industry Eye

UK mortgage approvals drop again following stamp duty rush - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

Mortgage approvals fall in April after stamp duty rush: BoE   – Mortgage Finance Gazette

Mortgage approvals for house purchases fell by 3,100 to 60,500 in April, Bank of England data shows, the third month of declines in a row.   The data follows stamp duty changes by the Treasury at the end of March, which include the nil-rate halving to… The post Mortgage approvals fall in April after stamp duty rush: BoE   appeared first on Mortgage Finance Gazette.

Mortgage approvals drop in wake of stamp duty threshold changes

Home loan approvals fall for third month in a row: BoE   – Mortgage Strategy

Mortgage approvals for house purchases fell by 3,100 to 60,500 in April, Bank of England data shows, the third month of declines in a row.   The data follows stamp duty changes by the Treasury at the end of March, which include the nil-rate halving to £125,000 from £250,000, reversing thresholds set in the September