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BoE shows up-tick in mortgage approvals but headwinds remain – Mortgage Strategy

The latest figures from the Bank of England reveal that net mortgage approvals for house purchases saw an increase from 51,100 in May to 54,700 in June, while approvals for remortgaging rose from 34,100 to 39,100 during the same period. Net borrowing of mortgage debt by individuals increased to £0.1bn in June, after ....

Mark Harris , Bluestone Mortgages , Steve Seal , Jeremy Leaf , Mortgage Approvals , Mortgage Rates , Mortgage Arrears , Swap Rates ,

Mortgage approvals up 3% despite rising interest rates – Mortgage Strategy

Mortgage approvals increased by over 3% from 49,000 in April to 50,500 in May, the latest Bank of England money and credit statistics show.   This comes despite the average rate on new mortgages increasing by 10 basis points to 4.56%.   Even with rises in interest rates and inflation, approvals for ....

United Kingdom , City Of , Ben Waugh , Mark Harris , Steve Seal , Jeremy Leaf , Mortgage Approvals ,

Top 10 most read mortgage broker stories this week – 05/05/2023

Top 10 most read mortgage broker stories this week – 05/05/2023
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

Sam Kirtikar , Mortgage Broker , Tough Talk , Steve Seal ,

Unadvised product transfers risk masking early-stage struggling borrowers – Tough Talk

Unadvised product transfers risk masking early-stage struggling borrowers – Tough Talk
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

Shawbrook Bank , Mortgage Solutions , Tough Talk , Victoria Hartley , Steve Seal , Bluestone Mortgages ,