The Council of Mortgage Lenders have released figures for February 2015. Its bad news for would-be home-owners as the number of mortgages approved continues to decline (see CML chart below). The latest figure of 40,600 approvals is 1 per cent lower than January but a whopping 16 per cent lower…Read more…
Mortgage approvals down a fifth, say bankers
The British Bankers Association said today that there were “signs that the mortgage market is recovering”. This view is based on the fact that in February bank mortgage approvals reached a five-month high. whilst any morsel of good news is always welcome,it is certainly not time to…Read more…