A large majority of Britons believe that house prices will stay level or continue to fall, rather than increase in the next year
A large majority of Britons believe that house prices will stay level or continue to fall, rather than increase in the next year
Joint research from Legal and General and the Association of Mortgage Intermediaries found that only 44% of all UK mortgage holders, 11.3million of them, would visit a broker.
A mortgage product analysis has revealed that an increasing number of mortgage, first time mortgage and remortgage products have appeared on the market, with nearly 200 more products appearing in the last month.
New Bank of England figures have revealed that mortgages approved for house purchases dropped to a new low in the month of April.
New figures from the British Bankers’ Association (BBA) underlined the current stagnant position of the UK housing market as they revealed mortgage approvals were down by 6 per cent.

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First time buyer mortgages were a smaller part of overall mortgage sales in April, says the Council of Mortgage Lenders (CML), indicating that first time buyer mortgage deals remain hard to obtain.

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There was little increase in the number of new mortgage deals closed by bank lenders in April, as the annual ‘spring bounce’ failed to materialise, according to the British Bankers’ Association (BBA). Consumers are focussed on clearing existing debt, rather than taking on more.
















