Skip to main content

Posts

Showing posts with the label Mortgage advances pick up in the third quarter

Mortgage advances pick up in the third quarter says CML

Lending in September: First-time buyers saw month-on-month and year-on-year increases in activity by volume and by value in September.  Home mover lending by contrast saw a dip in September compared to August, but grew by volume and by value compared to a year ago. Home-owner remortgage activity rebounded after a dip in August to increased levels in September both compared to a month ago and the same time last year.  Buy-to-let saw year-on-year increases by volume and by value in both buy-to-let house purchase and buy-to-let remortgage. Lending in the third quarter 2015: First-time buyers increased in number of loans advanced and amount borrowed both in comparison to quarter two and the third quarter last year.  Home mover lending saw a similar trend to first-time buyers but the percentage increases by volume and by value were higher.  Home-owner remortgage activity saw an increase compared to the second quarter of the year, ...