British house purchase lending rises in February

0 Comment(s)Print E-mail Xinhua, April 16, 2012
Adjust font size:

Britain's housing purchase lending rose in February, figures showed on Monday.

According to the latest figures from the Council of Mortgage Lenders (CML), lending to both first-time buyers and home movers increased in February, with first-time buyers taking the bigger increase.

According to CML, some 14,100 loans worth 1.7 billion pounds (2.7 billion U.S. dollars) were taken out by first-time buyers, up 8 percent in number and 6 percent in value from January and up 18 percent in number and 21 percent in value compared with a year earlier.

Home movers took out 22,500 loans worth 3.7 billion pounds, a 2-percent increase in number and a 3-percent increase in value month on month and a 16-percent increase in number and 19 percent increase in value year on year.

CML said 51 percent of first-time buyers bought properties priced between 125,000-250,000 pounds in February, up from 49 percent in January.

February was the last full month of the stamp duty concession although next month's data is expected to bring a further rise in first-time buyer numbers as they moved to beat the March 24 deadline.

However, the CML said the rise may be temporary, now that full stamp duty has been reimposed for first-time buyers.

"It is encouraging to see the continuing year-on-year improvement in house purchase lending," CML Director-General Paul Smee said.

"However, it is not yet clear whether the end of the stamp duty concession will lead to a falling off in first-time buyer numbers and how much this may be offset by the government's NewBuy scheme, available to all buying a new build property," he said.

The most recent figures on mortgage approvals -- mortgages agreed with borrowers but not yet lent -- have suggested that sales may dip soon.

Last month, the Bank of England, the country's central bank, said approvals, which are a good indicator of near-term trends, fell by 15 percent in February to just under 49,000, the lowest monthly figure for eight months.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 69pao精品视频在线观看| www.爱情岛论坛| 最近在线观看视频2019| 亚洲男女一区二区三区| 精品一区二区三区无卡乱码| 国产一区二区三区亚洲欧美| 日本人强jizz多人高清| 国产精品自产拍2021在线观看| hentai里番在线| 宝宝你里面好烫很软不想出来| 中文字幕第一页亚洲| 日韩人妻精品一区二区三区视频| 亚洲一区二区三区在线播放| 欧美日本国产VA高清CABAL| 亚洲精品国精品久久99热一| 禁忌2电影在线观看完整版免费观看| 啊灬啊别停灬用力啊老师在线 | 国产chinese91在线| 国产精品久久久久国产精品三级| 69久久夜色精品国产69| 在线观看免费亚洲| avaaddamshdxxx| 奇米精品视频一区二区三区| 一本伊大人香蕉高清在线观看 | 香蕉视频网站在线| 国产精品无码专区| 87福利电影网| 国产精品青青青高清在线观看| 99久久精品免费观看国产| 天堂/在线中文在线资源官网| hqsexmovie| 天天躁日日躁狠狠躁一区| www.色综合| 好爽好紧好大的免费视频国产| 一本伊大人香蕉高清在线观看| 岳双腿间已经湿成一片视频| 一级二级三级黄色片| 岛国视频在线观看免费播放| 一级做a爰片欧美一区| 性一交一乱一伦一| 一本一本久久a久久综合精品蜜桃|