News
Lending is Up!
Posted 16/08/2009
The Council of Mortgage Lenders (CML) has confirmed that mortgage loans for buying and remortgaging properties in England and Wales are increasing.
Purchase loans are up 23% from May 2009 and remortgages 13%.
Typical first time buyers still need a 25% deposit, however the income multiples have started to increase modestly with a typical first time borrower lending 3.08 times their annual income, compared with 2.74% in May 2009.
Archived News
2010
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24/01/2010 - CHEAP CONVEYANCING - BEWARE OF THE PITFALLS
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24/03/2010 - Stamp Duty Help for First Time Buyers
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20/05/2010 - HIPS SCRAPPED
2009
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06/08/2009 - House Prices Rise
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06/08/2009 - Mortgage Lending Increases
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06/08/2009 - Poorly Insulated Homes Should be Banned
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16/08/2009 - UK Property Prices to Rise
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16/08/2009 - Common Problem for Sellers
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16/08/2009 - Lending is Up!
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07/09/2009 - Great new mortgage deals!
Hi Sarah, I just wanted to send a few words of thanks and appreciation. Your level of communication and immediate email response has been fantastic with just the right balance of formality and info...
Miss Putters
London
