Mortgage Market Briefing – July 2019
Competition in the mortgage market remains strong, with mortgage rates falling since the turn of the year.
Mortgage Market Briefing – May 2019
The number of first-time buyers taking out mortgages fell for the first time since September 2018 but the remortgage market has remained buoyant.
Yorkshire market is first-time buyer hotspot
One-in-three loans go to small deposit buyers in Yorkshire. Buyers in London still face struggle to get onto property ladder.
Approval levels fall back in February
Mortgage approvals decline slightly between January and February. Growth in number of first-time buyers and small deposit mortgages.
Small deposit mortgages kickstart new year
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.
Christmas boost for small deposit buyers
Mortgage approvals fall between Nov & Dec 2017. Growth in number of small deposit mortgages. NW remains top spot for first-time buyers.
Base rate boost for mortgage market
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.
Mortgage market holds during October
Mortgage market continues recent strong performance. North West is once again small deposit hotspot. Survey covers last full month before base rate rise.
Positive outlook for mortgage approvals
Mortgage approval levels continue to outperform 2016. Low mortgage rates entice borrowers to market. Small deposit borrowers have most success in the NW.