#mortgage-approvals

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UK news
fromBusiness Matters
5 days ago

Credit card spending surges ahead of Christmas as households lean on borrowing

Households increased credit-card borrowing sharply before Christmas and the Budget, reflecting financial pressure despite mixed retail and housing signals.
#first-time-buyers
fromIrish Independent
3 months ago

Mortgage approvals drop as first-time buyers and movers struggle to find homes

The drop in would-be movers, who own a home but are looking to either move to somewhere bigger or downsize, fell more sharply, down 16.8pc year-on-year in August. Those movers who did get a loan are looking to borrow more, an average of €384,887, compared with the €325,934 average for first-time buyers. The slowdown among movers ­combined with the lack of new housing completions points to a further strain on supply for first-time buyers.
Real estate
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