A total of 38,000 loans for house purchase were approved in August, up 81 per
cent compared with a year ago, according to the British Bankers’ Association.

The sharp rise comes on the back of significantly low levels of lending last
year during the banking crisis.

Both approvals for house purchases and remortgages in August dipped slighted
compared with the previous month.

The number of remortgages approved …

Read the original article at Telegraph

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Most Commented Posts

More similar stories:

  1. Home buyers will have to lay out more cash for an FHA mortgage
  2. House panel approves consumer protection agency
  3. Consumer protection bill approved
  4. A look at the Consumer Financial Protection Agency
  5. Consumer Financial Protection Agency: an overview
  6. An incentive for home buyers
  7. Despite new law, subprime credit cards and payday loans can still be very dicey
  8. New normal for home sales: Buyers have the power
  9. Gov’t official warns on home down payment hikes
  10. Credit crunch: Home equity lending evaporates

  • John Lewis staff share £151m bonus pot
  • Brits get savvy as holiday season approaches
  • Consumers owe energy suppliers £728 million
  • Rates cut again by Santander
  • Dodd to offer his own financial regulation bill
  • FSA to introduce tougher stress tests for banks

Leave a Reply