On a
non-seasonally adjusted basis, lending in January:
·
Home buyers borrowed £8.4bn in January, down 28%
on December and unchanged on January 2016. This came to 45,700 loans, down 28%
on December and 1% on January 2016.
·
First-time buyers borrowed £3.6bn for home-owner
house purchase, down 29% on December but up 9% on January 2016. They took out
22,600 loans, down 29% month-on-month but up 7% year-on-year.
·
Home movers borrowed £4.9bn, down 25% on
December and 4% year-on-year. This equated to 23,000 loans, down 27%
month-on-month and 7% compared to January 2016.
·
Gross buy-to-let saw month-on-month increases,
up 11% by value and 12% by volume. Compared to January 2016, both
the number of loans and the amount borrowed decreased by 16%.
Read more on the CML website.
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