Low Mortgage Rates Continue To Drive First-Time Buyer Growth

UK based residential chartered surveyors, e.surv, have reported that a prolonged period of low rates coupled with flat house price growth has helped boost the number of mortgages approved to buyers with small deposits. According to the data, there were 66,059 residential mortgages approved during August 2019 - 1.9% lower than last month but marginally up compared to August 2018, rising 0.1% year-on-year. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/finance/low-mortgage-rates-continue-to-drive-first-time-buyer-growth.html