Mortgage approvals up at 40,000 compared to just 9,270 in May

“Net mortgage lending grew by £1.9bn in June, just ahead of economists’ forecasts of a £1.8bn increase.” https://www.theguardian.com/business/live/2020/jul/29/stocks-struggle-ahead-of-us-federal-reserve-decision-covid-19-business-live?page=with:block-5f2133e48f080d953ea86a35#block-5f2133e48f080d953ea86a35 read more

Digital Bank, Monument, prepares for launch

*“Monument is aimed at professionals, property investors and entrepreneurs who have a net worth of between £250,000 and £5m.” https://www.financialreporter.co.uk/mortgages/new-buy-to-let-and-property-investment-lender-prepares-for-launch.html read more

New home registrations at highest level since 2007

"Steve Wood, NHBC CEO, comments: “It is great to see the resilience of housebuilders over the 2019 year. This momentum needs to be maintained as we enter a new decade, with the industry ever-more focused on quality and fire safety." https://www.propertyreporter.co.uk/property/new-home-registrations-at-highest-level-since-2007-reports-nhbc.html read more