Mortgage Lending drops to lowest level for a year

More bad news for Home Buyers and Sellers as Mortgage lending has fallen to its lowest level for a year.

Mortgage Approvals Down

The amount of mortgages approved in January were down by 21% following Lending Criteria restrictions.

Buy To Let Lending Criteria To Tight

Landlords are really struggling to finance their buy-to-let properties because the banks and building societies are very reluctant to lend.