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Showing posts with the label house purchase approvals

House purchase lending pushes to fresh September high ,20 % year on year Mortgage Lending Peak

September 2015 sees 72,930 house purchase approvals, up almost 20% since September last year Growth takes house purchase approvals to highest level since January 2014 (the last month of support for mortgage lending via the Bank of England’s Funding for Lending Scheme) Small deposit lending hits the highest levels seen since October 2008 – now accounting for 18.1% of all purchase approvals The number of house purchase mortgage approvals has risen by 19.8% over the last twelve months, to reach a twenty-month high, according to the latest Mortgage Monitor from e.surv, the UK’s largest chartered surveyor. This represents the highest monthly total since January 2014 – the last month when the Bank of England offered support to mortgage lenders via the Funding for Lending Scheme (FLS). September 2015 has seen 72,930 house purchase lending approvals, while in January 2014 there were 75,691 approvals. Since the previous month of August, which saw 71,030 house purchase approvals, ...