Loans to home movers down 20% on year ago, while remortgage activity at almost eight-year high, industry figures showThe housing market slowed down in October, with the number of mortgages granted to home movers down 20% on a year ago, according to data from the Council of Mortgage Lenders.There was also a fall in the buy-to-let market, where activity has been hit by tax changes. But the lending market was bolstered by the amount of remortgage activity which hit its highest level since January 2009. Continue reading…
Source : theguardian.com
Read more…Mortgage data points to slowdown in UK housing market in October















