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Ash4781

Mortgage Lenders And Adminstrators Statistic Q2

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Gross advances of £51.5 billion were recorded in Q2 2014. This was 9% higher compared with Q1 2014 and was

the highest amount advanced in the second quarter of a year since Q2 2008

Does anyone remember what happened after Q2 2008? There's something in the back of my memory but I just can't quite put my finger on it.

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Curious that the unregulated balances are on the wane, despite the spinathon with BTL.

Only loans made on or after 31st October 2004 can be designated as regulated in the MLAR stats (because that's when the regulation regime started). So 'normal' OO residential mortgages (non-BTL) taken out before this date are considered non-regulated.

These loans are gradually dropping out of the MLAR stats as they are paid off.

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Only loans made on or after 31st October 2004 can be designated as regulated in the MLAR stats (because that's when the regulation regime started). So 'normal' OO residential mortgages (non-BTL) taken out before this date are considered non-regulated.

These loans are gradually dropping out of the MLAR stats as they are paid off.

FT to the rescue again- thanks for taking the time to explain.

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