Consumer sentiment improves, but the UK needs more new homes
Access to mortgage finance as a barrier to property purchase has dropped to its lowest level since the survey began at the height of the credit crunch in June 2008, the Building Societies Association (BSA) has said in its latest property tracker.
Read more »
Mutuals continue to grow mortgage lending in January
Gross mortgage lending by building societies and other mutual lenders was £2.4 billion in January, up by 25% compared to the same month last year.
Read more »
Mortgage lending by mutuals up 30% in 2012
Gross mortgage lending by building societies and other mutual lenders was £30.7 billion in 2012, up by 30% compared to 2011.
Read more »
Uncertainty remains in the UK housing market
More than one in four wannabe first time buyers say that it will take them ten years or more to raise the necessary deposit to buy a property, say the BSA in their 19th edition of Property Tracker.
Read more »
Gross mortgage lending by building societies and other mutual lenders was £2.5 billion in September which is up by 10% compared to the same month last year.
The Building Societies Association have added their comments to the FSA’s announcement of new mortgage rules slated for 2014.
Gross mortgage lending by building societies and other mutual lenders was £3.0 billion in August which is up by 40% compared to the same month last year.
The availability of mortgage finance has improved say consumers, but fear of being turned down rather than actual experience still puts people off buying a property, the Building Societies Association’s (BSA) quarterly Property Tracker report has revealed.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
