News Tag: volume
March 1, 2009
The Land Registry has become the latest contributor to depressing statistics on the UK housing market.
The body, which reports one month behind other house price commentators, calculates that in January house prices in England and Wales were 15.1% lower than a year earlier.
The average value of a home fell 0.8% on December, marking the 17th consecutive monthly ...
Land Registry reports 15.1% annual fall in house prices
by Gill Montia
January 27, 2009
Safe Home Income Plans (SHIP), the body that represents 90% of UK equity release providers, has reported that lending fell by 9% in value and 4% in volume in 2008.
New equity release plans for the year totalled almost £1.096 billion, in terms of value.
SHIP points out that the decrease is far less than that seen in the mainstream mortgage market, ...
UK equity release market shrinks by 9%
by Gill Montia
October 14, 2008
The Council of Mortgage Lenders (CML) has reported a further fall in mortgage lending, in August.
During the month, 42,200 loans were agreed for house purchases, with first-time buyers making up 15,600 of that number.
Total lending for house purchases declined to £6 billion, 63% down on the same period in 2007.
During the month, both the volume and value of house ...
Mortgage volumes and lending at all time lows
by Gill Montia
