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Why falling mortgages approval are spooking housing market watchers
The latest figures from the Bank of England showing the number of mortgage approvals at a nine month low have caused a bit of a stir and increased talk of a double dip in the housing market.Here’s a few reasons why.There is a historic link between the number of mortgage ...
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Comment
The stagnant housing market: More a problem of first-time movers than first-time buyers
First-time buyers are increasingly becoming trapped in their first-time homes and unable to move on to homes that better suit their needs.That at least is the implication of some figures that caught my eye recently when I was looking though some data produced by the Council of Mortgage Lenders.Consider this: ...