
The Council of Mortgage Lending report shows house purchases have declined 16%, a greater amount than expected due to the election.
The Council of Mortgage Lending report shows house purchases have declined 16%, a greater amount than expected due to the election.
Deposits from buy-to-let landlords have increased by 15% to an average £100,000 compared to struggling first time buyers.
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.
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.
Data from the Council of Mortgage Lending shows mortgage lending has reached a six-year high although lending has now slowed.
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
A report by lender Kent Reliance shows the value of buy-to-let property owned by landlords is at £930.7 billion increasing 13.3% in the last year.
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.