Tuesday, 9 March 2021

More Mortgages Agreed For Early 2021 Than Any Time Since The Financial Crisis

Some £87.7bn of mortgages were agreed for the coming months at the end of 2020, 24.2% more than a year earlier and the most since before the global financial crisis. Mortgage lending reached £76.6bn in the fourth quarter, an increase of 4.2% year-on-year. The share of mortgages with a low loan-to-value was 4.5% down in a year and the lowest since this was first measured in 2007. The figures come from the Bank of England’s mortgage data for Q4 2020. Read more on the Property Wire website.

https://www.propertywire.com/news/more-mortgages-agreed-for-early-2021-than-any-time-since-the-financial-crisis/

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