Figures that have been recently released have shown that for the month of November there was a drop of 10 percent in mortgage lending in the UK compared to the previous month. The figures suggest that mortgage lending in November hit the lowest level since May of this year. The Council of Mortgage Lenders has stated that the mortgage lending levels of November of this year were also down by around 14 percent compared to the same month last year. (more…)
Posts Tagged ‘mortgage lending’
Fall of 10 percent in mortgage lending
Tuesday, January 5th, 2010
Mixed news on mortgage lending
Friday, October 30th, 2009Over recent weeks data has been released that indicates mixed news in the mortgage lending markets. There has been much speculation recently about signs of recovery in the property and mortgage markets, and indeed some of the figures relating to mortgage lending levels have pointed towards recovery. (more…)
Mortgage lending continues to rise
Friday, September 18th, 2009Figures that were recently released by the Council of Mortgage Lenders have indicated that mortgage lending in the UK is continuing to rise following a very volatile eighteen months where lending levels plummeted. (more…)
BBA reports increase in mortgage lending levels
Friday, August 7th, 2009The British Banker’s Association has recently reported that whilst mortgage lending did hit rock bottom levels over the past couple of years June saw mortgage lending levels increase to their highest level in around fifteen months. (more…)
Mortgage lending fell back in May
Thursday, July 2nd, 2009According to recently released figures mortgage lending in the UK fell back again in the month of May. The figures were released by the Council of Mortgage lenders, and the data on the report showed that gross lending was around 2 percent lower in May than it was in April, standing at around £10.3 billion. (more…)
Fall back in mortgage lending for April
Thursday, June 18th, 2009A recent report released by the Council of Mortgage Lenders has claimed that the level of mortgage lending for the month of April fell back again, following a surprise increase in mortgage lending for the month of March. (more…)
Northern Rock uses taxpayer’s money to revive mortgage lending
Sunday, March 15th, 2009The nationalised bank, Northern Rock, is apparently using taxpayers’ money to revive its mortgage lending operations, according to recent reports. (more…)
HSBC top mortgage lender for 2008
Friday, January 30th, 2009HSBC has enjoyed being named the top mortgage lender of 2008 recently, taking the title from the 2008 winner, which was the Furness Building Society. (more…)
Mortgage lending levels rise for October
Sunday, November 30th, 2008Figures that have recently been released have shown that mortgage lending for the month of October rose by around 7 percent, with gross mortgage lending totalling £18.7 billion for October compared to £17.5 billion for September. However, whilst mortgage lending for the month has risen compared to the previous month officials have said that lending in October was still around 44 percent lower than the same time last year. (more…)
CML said mortgage lending fell again in August
Thursday, October 16th, 2008According to officials from the Council of Mortgage Lenders mortgage lending levels fell in August, with the value of mortgage lending having fallen by 12 percent compared to July and by 36 percent compared to August of the previous year. The total amount of new mortgage lending for the month came to just £21.8 billion. This was the lowest level of mortgage lending since 2005 and the lowest level of mortgage lending in August since 2002. (more…)