The latest analysis from award-winning mortgage adviser, Alexander Hall, has revealed that mortgage market momentum has been building steadily over the last three years, with average monthly approvals for both house purchases and remortgaging increasing, and further growth forecast across the first half of the year.
Alexander Hall analysed historic Bank of England data on mortgage...
Commenting on biggest January increase on record according to Rightmove, Daniel Austin, CEO and co-founder at ASK Partners , said: “Today’s modest rise in UK house prices points to underlying resilience, but momentum remains constrained by affordability pressures and a ‘higher for longer’ interest rate backdrop. While recent rate cuts signal easing inflation, they are unlikely to transform...