The Council of mortgage Lenders (CML) said, "The number of mortgages granted rose to 52,700, 29 percent more than in August 2008." It’s a sign the property market is stabilizing and today’s report adds to evidence that Britain is emerging from its worst recession in a generation. The number of people remortgaging their homes [...]

The Nationwide’s house prices survey reveals that property prices rose for the fifth month in a row in September. In the last three months, prices are up 3.8% but house prices remain 13.5% lower than their peak in October 2007. The average price of a home in the UK now back to the same level [...]

  Nationwide siad that house prices rose again in August by 1.6%, taking the average UK house price to £160,224, up from £158,871 in July. This marks the fourth consecutive month of house price increases and the lender says the year-on-year decline has slowed significantly from 6.2% in July to 2.7% in August. At £160,000, [...]

  The Council of Mortgage Lenders (CML) said that gross mortgage lending rose 26% in July to £16bn. The lending figure has jumped from £12.7bn in June but represents a 36% decline from the £24.9bn recorded in July last year. The CML says the figures point to a modest improvement over the summer following "an [...]