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Home-buyer mortgage approvals jump to highest level since month of mini-budget - Vimarsana News

Home-buyer mortgage approvals jump to highest level since month of mini-budget

The number of mortgages approved for house purchase topped 60,000 in February, for the first time since September 2022.

Mortgage approvals climb to highest level since mini-budget - Vimarsana News

Mortgage approvals climb to highest level since mini-budget

Mortgage approvals jumped to their highest level since the mini-budget in February according to new figures.

Source: cityam.com
Mortgage approvals for home-buyers hit highest level since Liz Truss mini budget - Vimarsana News

Mortgage approvals for home-buyers hit highest level since Liz Truss mini budget

Some 60,383 mortgage approvals for house purchase were recorded in February, marking the highest figure since 65,349 deals got the go-ahead in September 2022, according to Bank of England figures

50% annual jump in mortgage balances with arrears – Bank of England figures - Vimarsana News

50% annual jump in mortgage balances with arrears – Bank of England figures

Interest rate increases are really starting to bite for some mortgage borrowers, one commentator said.

Source: lbc.co.uk
Mortgage arrears jump by over 50% in a year, Bank of England figures show - Vimarsana News

Mortgage arrears jump by over 50% in a year, Bank of England figures show

The value of outstanding mortgage balances with arrears increased by 9.2% from the previous quarter, to reach £20.3 billion, which was 50.3% higher than in 2022, the Bank of England said