2019 saw the first fall in annual gross mortgage lending
since 2010, the UK Finance Household Finance Review (Q4 2019) has revealed. There
was a decline of new loans for both residential and buy-to-let purchase
products, while first-time volumes fell by 0.6%. Miles Robinson, head of
mortgages at online mortgage broker Trussle, said: “The fall in mortgage
lending highlights what we’ve known for some time; that there is a real lack of
suitable properties at the more affordable end of the market. When you also
consider the closure of the government’s Help To Buy ISA – there will be even
more pressure on the new Chancellor Rishi Sunak to deliver for first-time
buyers in next week’s Budget.” Read more on Property Wire.
Country diary: The challenge of making a thatched roof pine-marten proof |
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*Glenisla, Angus:* Damage by squirrels is common; the mustelid less so.
Still, as a local told me, ‘you cannae blame them wanting somewhere to live’
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