Mortgage lending to first-time buyers slumps to 21-month low
The Council of Mortgage Lenders said 19,000 loans worth £2.8billion were handed out to first-time buyers – a decline of 27 per cent compared to December.
UK mortgage advances dropped sharply in January
Mortgage advances were lower across all category types at the start of the year with the exception of buy-to-let loans, new data from the Council of Mortgage Lenders (CML) revealed.
Mortgage lending dips in January
Mortgage lending across the UK continued to fall in January, according to figures from the Council of Mortgage Lenders (CML).