Polski Dzial Mortgage Lending Increases in Scotland
Recently published data from UK Finance has revealed that Scottish home buyers borrowed £2.5bn in the second quarter of this year, which is an increase of 35% quarter-on-quarter and 18% year-on-year. The data also showed that: First-time buyers borrowed £1.1bn, up 29% on the first quarter and 17% on the second quarter last year. This […]
Research Reveals Evolution in Housing and Mortgage Markets
New research into recent trends in the housing and mortgage lending markets has revealed that borrowing into older age is likely to be much more common over the next ten years. Increase in Mortgage Debt of Over-65s According to the study by the International Longevity Centre-UK (ILC-UK), supported by the Building Societies Association (BSA), the […]
Buy-to-let Borrowing Mortgages Increase Significantly
New figures from the Council of Mortgage Lenders have revealed that landlords took out 45,000 mortgage loans before the introduction of the new stamp duty increase in April. The number of loans in March rose by 142%, with buy-to-let loans up a whopping 88%. The increase in the number of buy-to-let loans was up over […]
Research Reveals Mortgage Lending Trends
The Council of Mortgage Lenders recently published a breakdown of house purchase lending in Scotland during the first quarter of 2015. The figures show that, on an unadjusted basis: “Seasonal factors often affect lending levels in the first quarter of the year, but there are encouraging indicators in Scotland, as all lending types showed growth […]