Remortgage decreases - 08/11/2006
Remortgage approvals fell during September
Property prices still rise - November News - Homes abroad doubles
Total mortgage approvals in September have risen to their highest level for more than two years. Statistics from the Bank of England show that total approvals rose to £295,000million making a total lending value of £30.3 billion, beating August's figure of £29.5billion. Statistics show, however, that home owners remortgaging their property fell in September. Consumer credit rose by £0.9billion, credit card lending rose by £0.4billion. The strong home approval figure has led financial experts to predict that house price inflation will remain strong in the coming months.
Property prices still rise - November News - Homes abroad doubles
