Thursday, May 14, 2009

(on mortgage according to CML) 24K in Feb, 31K in March

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 (1333 views)
Please complete the required fields.



4 thoughts on “(on mortgage according to CML) 24K in Feb, 31K in March

  • Oh what short memories we have! The country was covered in snow for much of February, hardly ideal weather for house-shopping.

    Reply
    Please complete the required fields.



  • Dogs chasing butterflies.

    No sales figures to back up all this frothing at all.

    Reply
    Please complete the required fields.



  • 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!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>