DEMAND FOR MORTGAGES HITS 18 MONTH HIGH

I was very interested to read a report from the Bank of England advising that the demand for mortgage lending has hit a new high since December 2013.  The Bank of England report which deals with the second quarter of 2015 revealed that mortgage lending had increased significantly in quarter 2 of 2015 compared to sharp falls in the last three quarters.  Does this show a property market that is starting to take off?  I will continue to report on trends.

Lindsay Darroch
Partner – Head of Property 
www.blackadders.co.uk

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s