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Mortgage borrowing settles after record month: BoE

Net mortgage borrowing in April came to £3.3bn, show new figures from the Bank of England, down from the record £11.5bn seen in March. This, the BoE says that “despite weaker net lending, both gross lending and repayments remain above levels seen since the start of 2020. The recent variability is likely to reflect

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BoE: Mortgage borrowing up by record £11 8bn in March

BoE: Mortgage borrowing up by record £11 8bn in March
mortgageintroducer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageintroducer.com Daily Mail and Mail on Sunday newspapers.

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Mortgage borrowing hits all-time high in March: BoE

Mortgage borrowing hits all-time high in March: BoE By Gary Adams 4 th May 2021 10:01 am Net mortgage borrowing in March hit £11.8bn, Bank of England data details – the biggest number seen since the bank started tracking this data in April 1993. This blows past the last record high, in October 2006, when an additional £10.4bn was borrowed against homes. In the previous month recorded, February 2021, £6.4bn of additional borrowing was counted. The BoE adds that gross lending reached a new high in March, too – £35.6bn in total. The number of house purchase approvals came in at 82,700 in March, which is down on the 87,400 seen in February. The value of approvals for house purchases in March equated to £17.9bn versus £18.8bn in February.

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North East men killed in plane crash in France were checking up on pilot who made emergency landing

North East men killed in plane crash in France were checking up on pilot who made emergency landing Former Gateshead schoolboy Lewis Stubbs and Seaham pilot Andrew Buck died in the tragic crash in July 2019 Updated Get the latest County Durham news and updates delivered straight to your inbox - sign up for free email updatesInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Two North East men killed in a plane crash in the French Alps were checking up on a pilot who had made an emergency landing moments before, an inquest heard.

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