16th September 2015

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 

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