Client
Log in
Homebuyer
Sign Up
the smarter way to buy a new home
HomebuildersSpecial OffersAffordableFirst Time BuyersInvestorsRetirementOverseasServicesRental

FIND A NEW HOME
  
Location / Postcode:
Property type:
Search Type:
Radius:
  Unit:
Price from (£):
Price to (£):
Min bedrooms:
  Max bedrooms:
View by Developers:
Tagged with:

Mortgage demand to fall in Q1 - Bank of England
RSS Icon
Search:  
 Related News
 Traditional homes, built the way you remember in Maidstone
Redrow’s exclusive New Heritage Collection is coming to Maidstone, bringing instantly recognisable traditional homes which combine the best of old and new.
 Up to £5,000 off brand new flats in Leighton Buzzard
Taylor Wimpey is urging aspiring homeowners to visit its Heath Meadows development of property for sale in Leighton Buzzard on Saturday 15th and Sunday 16th January – and secure a new apartment for a discounted price.
 A glorious beginning for first residents at River’s Edge Court
Having expressed an interest in the new River’s Edge Court Retirement Living development in Okehampton three years ago, Mr & Mrs Lawrence reserved their apartment off plan without hesitation when they went on sale and finally moved into their dream home in October this year.
 Award winning garden at McCarthy and Stone's Ingle Court
A retirement development in Market Weighton has scooped a second award for it's stunning gardens.
 Try Before You Buy at Robert Adam Court in Alnwick
Deciding to move from your family home to a purpose built retirement apartment can be a daunting experience. However, at McCarthy & Stone’s Robert Adam Court development in Alnwick, potential purchasers can now test drive an apartment without obligation following the introduction of a new Try Before You Buy scheme.
 Sales success at Cherrett Court in Ferndown
McCarthy & Stone is celebrating success after selling 50 per cent of apartments at its Assisted Living development, Cherrett Court in Ferndown, since the launch last year.
 Tag Cloud
Property News Taylor Wimpey Daily Property Headlines McCarthy & Stone Press Releases McCarthy & Stone Retirement Barratt Homes Redrow Redrow Homes McCarthy and Stone Kent Housebuilder George Wimpey Essex Press Release HomeBuy Direct Bryant Homes David Wilson Homes Milton Keynes Telford Coventry Colchester Northamptonshire Leighton Buzzard Norfolk Bedfordshire Cambridgeshire Exeter London Derbyshire New Heritage Collection Nottinghamshire Shropshire Manchester New Homes Market Newport Plymouth Property Articles Basingstoke Leicestershire East Sussex Staffordshire Bristol David Wilson Dartford Heath Meadows Scotland Stamp Duty West Sussex Ashford

Mortgage demand fell “markedly” in the three months to December, according to the Bank of England’s credit conditions survey.

The survey, involving bank and non-bank lenders answering a set of questions on lending activity, revealed that demand was expected to fall further over the next three months. The Bank attributes the drop to falling house prices, weakening sentiment towards the housing market and economic uncertainty.

Mortgage availability remained broadly unchanged in the three-month period, the survey also found, with availability levels expected to change little over the next three months due to lending constraints.

Lenders reported that the availability of high loan-to-value mortgages had decreased slightly in quarter four, while the availability of low LTV mortgages had increased.

Some lenders said that further ahead, affordability criteria could tighten as the Bank rate increased.

Source: Housebuilder


See Also:   (1), (6701), (9), (12), (84)

Date Published: 06 January 2011

Bookmark and ShareShare this Content
Copyright © Trinity Mirror Digital Property   Client Search Places About Us Press FAQs Privacy T&C's Site Map Home
SmartNewHomes | Email4Property | Homes Overseas | Zoomf