News
Lending is Up!
Posted 15/08/2009
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
2013
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16/01/2013 - Uk House sales set to rise
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24/01/2013 - Housing Market starting to recover
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03/03/2013 - Almost Half of the Properties sold since 2007 have been sold at a loss
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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19/05/2010 - HIPS SCRAPPED
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