Thursday, May 14, 2009
(on mortgage according to CML) 24K in Feb, 31K in March
Sky: Number Of People Buying Homes Jumps 29%
The number of mortgages taken out by people buying a home jumped by 29% during March, the Council of Mortgage Lenders has said.
The figures are a further sign of a pick-up in housing market activity.
A total of 31,000 mortgages were advanced during the month for people buying a property - up from 24,000 in February .
However the figure is still 33% lower than March last year, the Council of Mortgage Lenders said.
There was also a steep rise in the number of people buying their first home, with 12,500 first-time buyers taking out a mortgage during the month.
These account for 40% of all loans, the highest proportion since April 2005.
** That's all folks! **
Posted by 51ck-6-51x @ 11:20 AM (1037 views) Add Comment
4 Comments
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1. 51ck-6-51x said...
oops - duplicate of the previous post - please comment there.
2. drewster said...
Oh what short memories we have! The country was covered in snow for much of February, hardly ideal weather for house-shopping.
3. paul said...
Dogs chasing butterflies.
No sales figures to back up all this frothing at all.
4. timmy t said...
Well what would you expect - as prices come down, volumes go up - you don't need an economics degree to figure that out. If houses were £2000 how many people would rush out to buy then!