New Figures 'Set the Tone for Housing Market Activity over the Next Few Months'

Mortgage lending increased in November - Credit Connect

Latest Bank of England data showed that net borrowing of mortgage debt by individuals increased to £4.5 billion in November, following a decrease of £1.0 billion to £4.2 billion in October. Mortgage approvals for house purchase fell by 500 to 64,500. By contrast, approvals for remortgaging rose by 3,200 to 36,600 in November. Approvals for remortgaging (which only capture remortgaging with a different lender) rose by 3,200 to 36,600 in November.…

New figures 'set the tone for housing market activity over the next few months'

New figures 'set the tone for housing market activity over the next few months' - 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.