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Mortgage lending still flat-lining

Despite yesterday’s Bank of England’s mortgage lending statistics for July showing a marginal rise in both the value and volume of mortgages approved, the bigger picture is still of subdued activity in the housing market.

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Mortgage lending still flat-lining

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Mortgage lending falls in June

LONDON (SHARECAST) - Mortgage lending by the major UK banks dipped in June, showing that housing market activity remained subdued. The number of mortgages approved for people buying a home fell to 34,813 from 36,418 in May, according to the latest data from the British Bankers’ Association.

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Mortgage lending falls in June

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Mortgage approvals ‘on the rise’ (MalaysiaNews.net)

The number of mortgages approved for house purchases rose at the end of the year, according to figures from the major UK banks.But overall in 2009, mortgage approvals were 27% lower than the previous …

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Mortgage approvals ‘on the rise’ (MalaysiaNews.net)

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UK Mortgage Approvals Increase In October: BoE (INO News)

(RTTNews) - The number of mortgages approved for house purchase in the UK totaled 57,345 in October, larger than September’s 56,205, the Bank of England said Monday. Mortgage approvals for October stood below the expected level of 57,500.

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UK Mortgage Approvals Increase In October: BoE (INO News)

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Mortgage approvals dip in August (Guardian Unlimited)

Number of mortgages approved remains above six-month average, says Bank of England, but is well below a level consistent with rising house prices The number of mortgage approvals for homebuyers dipped slightly in August, but net lending rose to its highest level since February, according to Bank of England figures published today.

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Mortgage approvals dip in August (Guardian Unlimited)

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Commercial mortgage borrowing rockets (Money Marketing Online)

Commercial mortgage enquires rocketed by nearly a half over the summer, according to Mortgages For Business. …

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Commercial mortgage borrowing rockets (Money Marketing Online)

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Spain Mortgage Lending Decreases In July (INO News)

(RTTNews) - Mortgage lending in Spain dropped 33.9% year-on-year to 6.77 billion euros in July, the National Statistics Institute said Monday. In July, the average value of mortgages approved during the month dropped 14.4% annually, and was down 6.2% on a monthly basis.

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Spain Mortgage Lending Decreases In July (INO News)

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Mortgage data add to evidence of recovery (Financial Times)

The number of mortgages approved by banks for house purchases dipped slightly in August after rising steadily for the last seven months.

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Mortgage data add to evidence of recovery (Financial Times)

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UK Mortgage Approvals Rise By A Quarter (Sky News via Yahoo! UK & Ireland Finance)

The number of mortgages approved for house purchase jumped by 23% during June to 45,000, the Council of Mortgage Lenders has said.

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UK Mortgage Approvals Rise By A Quarter (Sky News via Yahoo! UK & Ireland Finance)

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Mortgage approvals continue to rise (Guardian Unlimited)

• Number of mortgages approved in April increased to 43,201 • Economists caution that lending remains historically low The number and value of mortgage approvals for house purchases increased slightly in April, according to figures out today from the Bank of England. The value of approvals for home purchase mortgages increased by £5bn in April compared with a rise of £4.7bn in March, and was up …

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Mortgage approvals continue to rise (Guardian Unlimited)

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