Property News in the UK

UK property news and links to various property websites. mortgage news, house price news, interesting properties for sale.

Monday, August 21, 2006

Homebuying is hotter than July

Summer homebuyers continue to set new borrowing records, taking out £30.4bn worth of mortgages in July – almost a fifth more than a year earlier.

Mortgages taken out in July slipped 6% below June's record figure of £32.4bn, according to figures released today by the Council of Mortgage Lenders (CML), but still managed to set a new record for the month.

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