The Council of Mortgage Lenders estimates that total gross mortgage lending increased by 4% on March to £12.1 billion in April, but cautions that meaningful comparisons with last April are difficult.
Advisers active in the equity release sector are still having to work hard to allay a significant number of misconceptions held by clients about the products when they offer their advice and recommendations on the choices available.
First-time buyer activity remained strong in March with the number of first-time buyers increasing by 20% according to data published by the Council of Mortgage Lenders.
Just one in five people believe the current range of mortgage products provide enough choice and differentiation to meet customer needs, according to new research from housing investment and equity loan provider, Castle Trust.
The UK's retirement nation collectively manages mortgage and personal debt to the tune of £105.5bn, according to research from MGM Advantage.
first direct has responded to market movements and will further reduce rates on over 85% of its mortgage range by up to 50 basis points.
While most young people are struggling to get on the property ladder, some over 50s are clinging on to the last rung.
House purchase lending fell 7% in March thanks to weakening borrower demand and tough lending criteria, according to the latest Mortgage Monitor from e.surv chartered surveyors.
The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to data by the Council of Mortgage Lenders.
The average age UK house hunters estimate they will be able to buy their own home by is 37 years old, according to research by MoneySupermarket.com.
Santander is demonstrating its continued commitment to helping first time buyers get a foot onto the property ladder by offering reduced rates for shared ownership customers.
More than 1.3 million over-55s households are still paying mortgages with 289,000 over-65s owing money on their home loan, according to analysis by equity release lender More 2 Life.
Barratt Homes is urging homebuyers in Northampton to take action to get mortgage fit and avoid missing out on the ‘Help to Buy’ scheme, announced in the 2013 Budget, which is set to slash the cost of buying a new home to a five year low.
Gross mortgage lending by building societies and other mutual lenders was £2.5 billion in February, up by 29% compared to the same month last year.
Chelsea Building Society is boosting the competition in the mortgage market by cutting rates on selected products across its mortgage range, with the largest reductions on first time buyer mortgages.
1 to 15 of 2164 for Mortgage News