Tag Archives: mortgage rates

47 per cent more home loan borrowers secure a mortgage with small deposits

There has been a 47 per cent increase in the number of mortgage borrowers who have negotiated home loans with smaller deposits. During August, banks and building societies agreed loans with 7,093 borrowers who paid a deposit of 15 per … Continue reading

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Increased competition drives down mortgage rates

Banks and building societies believe that mortgage rates will continue to fall over the next few months. The forecast is included in the Bank of England’s first credit conditions survey in 2013. In the survey, the Bank reveals that borrowing … Continue reading

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Blow for homebuyers as mortgage approvals hit five-month low

New figures from the Bank of England show that the number of mortgage approvals in the UK has fallen to its lowest level since September last year. There were just over 51,650 home loan approvals in February, despite recent signs … Continue reading

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