in August:
·
Home-owners borrowed £12.2bn for house
purchase, up 14% month-on-month and 11% year-on-year. They took out 66,000
loans, up 13% on July and 9% on August 2015.
·
First-time buyers borrowed £5.1bn, up 13% on July
and 24% on August last year. This equated to 31,800 loans, up 12%
month-on-month and 19% year-on-year.
·
Home movers borrowed £7.1bn, up 15% on July and
3% compared to a year ago. This represented 34,200 loans, up 14%
month-on-month and 1% on August 2015.
·
Remortgage activity totalled £5.9bn, down 2% on
July but up 41% compared to a year ago.
Read more on the CML website.
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