x
By using this website, you agree to our use of cookies to enhance your experience.
KEYWORD "approvals" - 59 RESULTS
Good News of Approvals from the Bank of England

Mortgage approvals jumped 7.7% in February to 60,383, and were 40% higher than they were a year ago, new figures from...

08 April 2024

From: Breaking News

Analysis shows long term rebalancing housing market

The average volume of UK properties listed for sale month-on-month rose by 58% in 2023 compared to a year previously, underscoring...

27 March 2024

From: Breaking News

Construction: hope for long-term improvement as approvals rise

The beleaguered construction sector - a good early indicator of later sales activity - has seen a welcome boost in some...

27 March 2024

From: Breaking News

Most activity down to remortgagers not buyers - analysis

Remortgagers, not buyers, are fuelling the increase in mortgage industry activity. That’s the view of Octane Capital following an analysis of Bank...

28 February 2024

From: Breaking News

Octane Capital issues a brutal warning on mortgage rates

By Jonathan Samuels, chief executive of specialist property lender Octane Capital, writes: The Bank of England’s decision to hold interest rates on...

14 February 2024

From: Breaking News

Mortgage Market Bounce drives housing market recovery

The number of mortgages offered to home buyers went up from 49,300 in November to 50,500 in December, against the normal...

05 February 2024

From: Breaking News

Demand for Mortgages Soars as rates war draws in applicants

Latest Bank of England data released in recent days shows net mortgage approvals for house purchases rose from 47,900 in October...

08 January 2024

From: Breaking News

Two year fixed rate mortgages sub-6%: A housing market boom?

Two-year fixed rate mortgages have dipped below six per cent for the first time since June this year. Back in June there...

18 December 2023

From: Breaking News

Dire borrowing and credit data from Bank of England

There’s been an alarming set of figures in the Bank of England’s latest Money and Credit report, which relates to September. Net...

08 November 2023

From: Breaking News

What Next After A Year Of Mortgage Mayhem?

It’s now one year since former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng’s ill-fated mini-budget, which acted as a catalyst...

04 October 2023

From: Breaking News

Mortgage Approvals Take A Dive, admits Bank of England

The Bank of England says net mortgage approvals decreased from 54,600 in June to 49,400 in July, although approvals for remortgaging slightly increased...

04 September 2023

From: Breaking News

Mortgage Approval Totals Braced For Double Digit Fall in 2023

A new analysis suggests that mortgage approval levels will decline by 11 per cent annually come the end of 2023. Octane Capital...

14 August 2023

From: Breaking News

Mortgage approval boost means broker advice ‘needed more than ever’

Mortgage approvals rose by just over three per cent from 49,000 in April to 50,500 in May according to new Bank...

04 July 2023

From: Breaking News

Mortgage rises put squeeze on buyers

Mortgage interest rates increased by 2.56% in 2022, with a sharp increase from 1.51% in January to a record 4.07% on...

28 March 2023

From: Breaking News

Mortgage approvals down 20% year on year, but sunnier days ahead

The latest market analysis by specialist property lending experts, Octane Capital, reveals that recent uncertainty in the property market during the...

14 February 2023

From: Breaking News

Price Drop Panic – Homeowners rush to sell before prices drop

According to property purchasing specialist, House Buyer Bureau, there has been a flurry of homeowners rushing to list their properties for...

13 December 2022

From: Breaking News

Mortgage approvals predicted to drop by 13% for residential property purchases

Octane Capital expects the total level of UK mortgage approvals to be 1.570 million by the end of 2022. That is...

22 November 2022

From: Breaking News

Insight - is the pandemic property market boom fizzling out?

Despite a strong start of the house price growth this year, the latest analysis from specialist property lending experts, Octane Capital,...

17 May 2022

From: Breaking News

Mortgage roundup – and the market continues to thrive…

Introducer Today returns with a bumper mortgage roundup, this time featuring the latest industry views on mortgage approvals, new and extended...

05 May 2022

From: Breaking News

Are mortgage approvals set to soar in 2022? Studies point to yes

Mortgage approval levels could climb right through until Christmas as the pandemic property market boom shows little sign of slowing, new...

19 April 2022

From: Breaking News

Nationwide house price index shows strong market – industry reacts

The latest Nationwide house price index, released yesterday morning, reveals that January has seen the strongest start to the year since...

03 February 2022

From: Breaking News

Shawbrook reintroduces property finance criteria for brokers

Shawbrook Bank has announced the return of some of its pre-pandemic criteria following the easing of lockdown. The specialist bank was among...

05 August 2020

From: Breaking News

Growth in number of approvals to small deposit borrowers

First-time buyers and existing homeowners capitalised on low rates across the market in October, according to fresh research from e.surv. Its latest...

16 November 2018

From: Breaking News

Annual house price growth slows to lowest rate in five years

Average property prices in the three months to October were 1.5% higher than in the same three months a year ago,...

09 November 2018

From: Breaking News

Larger deposit borrowers see market share squeezed

First-time buyers and others with small deposits took a greater share of the market last month than in August, according to...

17 October 2018

From: Breaking News

More clarity is needed around future of Help to Buy scheme, says IMLA

The Intermediary Mortgage Lenders Association (IMLA) is urging government to provide clarity around the future of the Help to Buy Equity...

12 October 2018

From: Breaking News

Summer sales on the up in UK property market

The national month-on-month figures for new listings ‘for sale’ reached 9.4%, while the amount of properties sold sat at 6.2% in...

10 July 2018

From: Breaking News

UK mortgage market surged in June

Fresh statistics suggest the UK’s mortgage market has been boosted again, with approvals for home lending up month on month and...

04 August 2017

From: Breaking News

Small deposit buyers increase share of UK mortgage market

Small deposit buyers were given a New Year boost, with their share of the mortgage market increasing in January 2017. Small deposit...

03 March 2017

From: Breaking News

Bank statistics show strong mortgage lending

The latest edition of the Bank of England’s Money and Credit Figures show mortgage lending was strong in the first quarter...

03 May 2016

From: Breaking News

Brokers hail “bumper” March for lending

Brokers and lenders are celebrating a "bumper month" which saw borrowing in March 64% higher than one year earlier. Gross mortgage borrowing...

27 April 2016

From: Breaking News

House price growth now looks unrelenting

UK house prices rose 7.6% in the year to February and property experts expect the "unrelenting" growth to continue. This marked a...

13 April 2016

From: Breaking News

Mortgage approvals leap in February

Brokers have welcomed latest Bank of England statistics that show a jump in mortgage approvals in February. The increase was partly down to...

01 April 2016

From: Breaking News

Buy-to-let landlords face double deadline

February saw the second highest monthly total of house purchase approvals since January 2014 as buy-to-let investors raced to meet April's...

11 March 2016

From: Breaking News

“Buy-to-let blitz” lifts mortgages to new high

The rush to complete buy-to-let purchases before April has driven mortgage approvals to a two-year high, property experts say. The number of...

01 March 2016

From: Breaking News

Mortgage lending soars 38% in a year

Gross mortgage lending surged 38% in the past year to hit £13.6 billion last month, the highest figure for nearly eight...

25 February 2016

From: Breaking News

Building society mortgage approvals rise 10%

Building society mortgage approvals totalled £57.8 billion in 2015, a rise of 10% by value over the year. The mutual sector now...

18 February 2016

From: Breaking News

The wheels are coming off buy-to-let

Mortgage brokers have suggested that the wheels may be coming off the buy-to-let bandwagon after new figures showed lending to landlords...

17 February 2016

From: Breaking News

Buy-to-let drives mortgages to nine-year high

The housing market has been given a one-off boost from the surge in buy-to-let lending triggered by April’s tax changes. New figures show that...

11 February 2016

From: Breaking News

Mortgage approvals hit two-year high

New figures show the housing market defying the traditional seasonal slowdown in December as mortgage approvals hit a two-year high. The number of...

02 February 2016

From: Breaking News

Mortgage approvals leap 24% in December

Monthly mortgage approvals soared 24% year-on-year to £12.4 billion in December but brokers deny lending is getting out of control. Across 2015,...

28 January 2016

From: Breaking News

Supply crunch hits  mortgage lending

The shortage of properties for sale has hit house purchase approvals which fell more than 3% in December. There were 68,218 house purchase...

21 January 2016

From: Breaking News

Housing market shrugs off winter slowdown

Mortgage approvals for house purchases rose again in November as the market defied a seasonal winter slowdown. Loan approvals for house purchases...

05 January 2016

From: Breaking News

First-time buyers locked out of market boom

House purchase lending has leapt almost 20% in the past 12 months but first-time buyers remain locked out of the booming...

14 December 2015

From: Breaking News

Remortgage surge drives housing market

A dip in the number of mortgage approvals for house purchases in September was offset by a sharp rise in remortgaging. The Bank...

30 October 2015

From: Breaking News

Mortgage lending leaps 25% in a year

Mortgage approvals leapt 24% in the year to September driven by a resurgence in remortgaging. Remortgages jumped 40% over the year, against...

27 October 2015

From: Breaking News

Fresh signs of slowdown at top of market

There is further evidence of a slowdown at the top of the market as the pace of house price growth in...

23 October 2015

From: Breaking News

September mortgage lending hits new highs

Two new sets of figures published today show that September was another buoyant month for the housing market. There was a 20% year-on-year...

08 October 2015

From: Breaking News

Mortgage rates set to plunge even lower

The cost of fixed rate mortgages is set to plummet as lenders rush to meet 2015 lending targets. London estate agent Portico.com...

07 October 2015

From: Breaking News

Mortgage approvals reach 2015 high

A new report from the Bank of England shows that approvals of loans for house purchases hit a 2015 high in...

01 October 2015

From: Breaking News

Housing market enjoyed August surge

Two new surveys published today show that the property market scaled new highs yet again in August. The RICS UK Residential Market...

10 September 2015

From: Breaking News

Rush to remortgage as fixed rates creep upwards

Homeowners rushed to remortgage in July amid signs that fixed-rate mortgages are now starting to creep up in price. Remortgaging jumped 29%...

27 August 2015

From: Breaking News

Yorkshire BS launches DIY online applications

Yorkshire Building Society has launched a new scheme allowing borrowers to gain a mortgage approval in principle via its website. Borrowers can...

05 August 2015

From: Breaking News

First-time buyers numbers plunge again

The number of first-time buyers plunged more than 27% in the year to June, with no sign of a post-election bounce. There...

31 July 2015

From: Breaking News

Purchase approvals reach 18-month high

The number of house-purchase approvals soared past 72,000 in June, the highest level since January 2014. Figures from chartered surveyor e.surv’s Mortgage Monitor...

10 July 2015

From: Breaking News

Remortgage market springs back into life

The number of remortgages grew strongly in May as homeowners took advantage of rising house prices and the lender price war...

30 June 2015

From: Breaking News

House prices close in on all-time peak

Brokers have welcomed new official figures showing that house prices in England and Wales are within a whisker of their all-time high. House...

29 June 2015

From: Breaking News

Housing market riding high

Mortgage approvals hit a 14-month high in May after rising 4% year-on-year, according to new figures from the British Bankers' Association. It said 42,530 mortgages...

25 June 2015

From: Breaking News

Remortgaging hits two-year low

The value of remortgage lending slumped to a two-year low in March after falling 8% over the last 12 months. Total gross...

29 April 2015

From: Breaking News

MovePal MovePal MovePal