IMLA News Archive

At a glance, this morning’s figures from the Bank of England might be seen as disappointing, with the number of approvals for both house purchase and remortgaging both showing a fall in June from May. Approvals for house purchase were down from 58,071 in May to 57,667 in June but the value was up from £8.6 billion to £8.7 billion. Remortgages fell in both value and number, down from £4.7 billion and 32,209 in May to £4.6 billion and 31,486 in June.

Peter Williams, Executive Director of the Intermediary Mortgage Lenders Association (IMLA), comments on discussions between the Treasury, house builders and lenders on the Help to Buy mortgage guarantee

Peter Williams, Executive Director of the Intermediary Mortgage Lenders Association (IMLA), comments on the Bank of England mortgage lending figures for May 2013