New data from the English Housing Survey shows the number of outright homeowners is greater than those buying with a mortgage.
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Monthly Archives: February 2015
According to the Council for Mortgage Lending (CML) gross mortgage lending decreased by 14% in January to £14.3 billion.
Data from the CML shows lending to buy-to-let landlords has increased by 26% in the last quarter of 2014 compared to the previous year.
With interest rates remaining low lenders are lowering fixed rate mortgages even for homebuyers with only small deposits.
The Council of Mortgage Lenders (CML) have released data showing the number of homeowners losing their house is down 26% in the last year.
Over the three months to January house prices were 1.9% higher than the previous period across the UK despite uncertainty over the election.