First time home owners have been finding it nearly impossible to secure a mortgage loan. With banks tightening up lending in the property market and the demands of high deposits, owning a home had gone outside the reach of a large majority of hopeful families. Many analysts have gone as far as to say that [...]
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June was a positive month for mortgage lending, with a 15% increase in lending during the month. The lending value stood at £13.1 billion, up from £11.4 billion in the previous month. Adding to the optimism, the figure for June 2010 is also up on the same month in 2009 when £12.2 billion was loaned [...]
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