The number of mortgages approved for home buyers rose slightly in March, the Bank of England has said.
The total increased to 48,901 in March from 46,882 the month before, and the figure was 17% higher than in March 2009.
However, the Bank’s figures still suggest that mortgage lending has had a sluggish start to the year.
Approvals in the first three months were the lowest on record for the first quarter of any year, apart from 2009. » Read more…
* UBS Wealth Management to hire 30-35 mortgage consultants.
* Consultants to be located in UBS branch offices
* UBS can compete with BofA/Merrill on lending -Berkery » Read more…
Homeowners could find that they are no longer able to borrow so much, arrange a mortgage as quickly or remortgage quite so easily, once new regulations come into force. » Read more…
Seasonal pick-up in mortgage loans – but experts predict activity will tail off later in the year as buyers ‘wait and see’ » Read more…
In some parts of the country, it doesn’t take much to become a mortgage-loan officer. Not a license, not much training.
That’s changing. » Read more…