Mortgage lending shrinks
Mortgage lending has fallen sharply, with approvals for house purchases 60 per cent lower than a year ago. The number of approvals fell by 14 per cent in November to…
Tag: british bankers association
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Mortgage approvals down a quarter
The number of new mortgages fell by 25.3 per cent in the 12 months to March in figures from the British Bankers’ Association. The figure is also down 6.8 per…
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Mortgage lending at eight-year low
The British Bankersâ Association has revealed that mortgage lending has slumped to an eight-year low, as the lack of finance available continues to affect the markets. However, the number of…