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Mortgage approvals at lowest level since 1995

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  • Mortgage approvals at lowest level since 1995

    The signs of a cooling housing market are evident again as the number of new mortgages approved fell to a 13-year low, according to figures by the Bank of England. The last time the monthly figures were so low was in 1995. The data shows that in December 2007, 73,000 new mortgages were approved compared to [...]

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  • #2
    Its not just a cooling of the market but lenders tightening their criteria - All the more reason to employ a Mortgage Broker to research the market and find the best deal possible.

    But a word of warning find a broker who won't charge a big fee for doing it.
    Gift Wrapped Mortgages

    Independent Mortgage Broker