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Michael Coogan

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Mortgage lending edges up, but market gloom continues

20.06.11
Banks shook off a Royal Wedding hangover to boost mortgage lending in May, but there is little sign of a long-term revival in the market, the Council of Mortgage Lenders have warned... more

Mortgage demand slumps amid tax and rate rise fears

11.03.11
Fears over inflation, tax hikes and the threat of interest rate rises fuelled a 29% slump in lending for new homes during January, says the Council of Mortgage Lenders... more

PBR mortgage figures show sharp rise in housing activity

10.12.09
The housing market is picking up faster than was assumed at the time of the March Budget, according to Pre-Budget Report figures... more

Repossessions up 3% as fewer than feared lose homes

12.11.09
Number of people losing their homes in the recession will be much lower than forecast, experts said... more

Rise in mortgage deals brings hope that homes market has bottomed out

14.04.09
The housing market was given a glimmer of hope with a small rise in the number of home loans... more

Labour is blamed as home loans slump

19.03.09
The Government has been accused of aggravating the slump in the housing market through “fractured policy” as mortgage lending crashed... more

Total of home loans halves to a new low

12.03.09
Mortgage approvals from banks and building societies more than halved in January from a year before... more

Smallest number of new mortgages for 35 years

12.02.09
The number of mortgages on new homes has collapsed to the lowest level since 1974 in a market "barely recognisable" from the boom years... more

Mortgage lending down by a third

21.01.09
Mortgage lending dived by 30% during 2008 to hit a six-year low as the credit crunch strangled the market... more

Lenders blame ministers for plunge in house sales

09.12.08
Mortgage lenders have attacked the Government's "conflicting and incoherent" economic policy, blaming it for paralysing the housing market... more

Repossessions up 12 per cent

21.11.08
The number of homes repossessed soared by 12 per cent in the third quarter of this year, with the full year total on track to be the worst since 1995... more

Pressure on banks to pass on rate cut

06.11.08
Banks and building societies face massive pressure to pass on in full to homeowners the 1.5 per cent cut in the base rate... more

PM’s mortgage pledge is not prudent, say lenders

13.10.08
Mortgage chiefs have branded a key plank of the Government’s bank rescue plan “undesirable” and unlikely to happen... more

19,000 homes are repossessed in past six months

08.08.08
The number of homes repossessed has soared more than 40 per cent this year to its highest level since the mid-Nineties... more

Nervous banks block first time buyers

12.06.08
Banks are lending less and less money to first time buyers as the credit crunch takes hold... more


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