Bank of England loans for house purchase ’static’


Bank of England (BoE) Lending to Individuals statistics for May, released today, reported a very marginal reduction (0.02%) in it’s key UK Housing market indicator, the number of loan approvals for house purchase (also known as Mortgage Approvals).

Bank of England Mortgage Approvals up 1.7%


Bank of England (BoE) released it’s Lending to Individuals statistics today. The number of loan approvals for house purchase (also known as Mortgage Approvals) was up in April by 1.7% against March figures.

BoE Mortgage Approvals up 4.3%, but below 6 months average


The Bank of England today released its “Lending to Individuals” statistics for March 2010. The key figure for property investors, the number of loan approvals for house purchase (aka Mortgage Approvals) was up by 4.3% from February.

Mortgage Approvals down 2% and to a nine-month low!


The Bank of England today announced that Mortgage Approvals for house purchases were down 2% on January and therefore means approvals are at a nine-month low.

Bank of England “Mortgage Approvals” figure for January down 17%


17% drop in The Bank of England’s ‘Mortgage Approvals’ figures in January!

Bank of England Mortage Approvals 1.7% down on December


Bank of England Statistics have shown that mortgage approvals for new purchases were down 1.7% on November figures.

Mortgage approvals rise, but overall 27% lower in 2009!


Banker’s Association (BBA) figures released today show that mortgage approvals for major UK banks rose in Decmeber. However they also show that overall in 2009,vapprovals were 27% lower than in 2008.

Bank of England figures show more increases in Mortgage Approvals


The Bank of England today released its figures for Lending to Individuals that has shown that Mortgage Approvals rose again in November, nearly 5% more than in October. This means mortgage approvals are at their highest level since March 2008.
In contract the figures for other loans and overdrafts continued to fall.
Read more at news.bbc.co.uk or full [...]

CML: Mortgage Approvals at highest for nearly two years


The Council of Mortgage Lenders (CML) today announced that loans approved for house purchases in the UK are at their highest since December 2007. It is now up nearly 100% from the low point of January 2009. However loans for remortgaging have stayed static for two months.
According to the BBC “The recent data, from the [...]

Bank of England statistics show strong rise in Mortgage Approvals


According to the Bank of England (BoE) lending data for September 2009, mortgage approvals for house purchase have risen by over 5.6%, up 3,000 to 56,215, from August 2009. However the approvals for remortgaging was down from August by nearly 10%.
Mortgage approvals are a good indicator of short term trends in the property market. The [...]