Mortgage approvals enjoy summer boost
Number of mortgages approved up compared to June. London market continues to be dominated by those with large deposits. Other regions offer fertile ground for first-time buyers.
Number of mortgages approved up compared to June. London market continues to be dominated by those with large deposits. Other regions offer fertile ground for first-time buyers.
Approval levels improve on stellar May. Greater proportion of loans go to small deposit borrowers. First-time buyers enjoy greatest success in Yorkshire.
Strong growth in approvals compared to April. Small deposit buyers dominate Northern Ireland market. Increase in proportion of loans to these borrowers.
Growth in number of approvals to those with little equity. Northern Ireland has biggest proportion of these buyers. Market in London remains most tilted towards large deposits.
One-in-three loans go to small deposit buyers in Yorkshire. Buyers in London still face struggle to get onto property ladder.
Mortgage approvals decline slightly between January and February. Growth in number of first-time buyers and small deposit mortgages.
It was a positive start to the year for the UK mortgage market, with an increase in the number of small deposit mortgages being approved.
Mortgage approvals fall between Nov & Dec 2017. Growth in number of small deposit mortgages. NW remains top spot for first-time buyers.
Market grows between October and November after interest rate rise. Approvals increase 2.5% month-on-month as borrowers move to lock in low rates.