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Mortgage market

Mortgage lending back to pre-crash levels

According to the British Bankers’ Association, mortgage lending by British banks were the highest since July 2008, indicating there is little sign of demand for property slowing down despite spiralling prices. New loans came in at £14.2bn in October, up from…

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Buy to let mortgages surge

A combination of high rents and ever-growing demand has led to the the popularity of buy-to-let (BTL) mortgages soaring. Between July and September, 33,600 new mortgages were taken out for property purchases, making it the busiest quarter since the end…

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