CEO of Octane Capital, Jonathan Samuels, commented:
“The latest mortgage approval figures are an expected consequence of the many challenges facing the market right now. Indeed, a reduction in buyer appetite comes as no surprise in the context of a worsening cost of living crisis, runaway inflation, and continued economic uncertainty. For now at least.
The latest mortgage market analysis by specialist property lending experts, Octane Capital , has revealed that the level of mortgage approvals seen across the UK property market is expected to dip in 2022, driven by a -13.4% reduction in buyer demand for residential house purchases.
Octane Capital’s analysis of Bank of England mortgage data estimates where the market will sit come...
Research by specialist property lending experts, Octane Capital , suggests that despite the well documented pandemic property market boom, housing market activity has actually been on the slide since the first quarter of 2020, at least where mortgage fuelled transactions are concerned.
Last week, Nationwide revealed that house prices have hit a new all-time high as buyer activity...
Market analysis from specialist property lending experts, Octane Capital , has revealed that despite a dip in February, mortgage approval levels could climb right through until Christmas as the pandemic property market boom shows little sign of slowing.
Although February saw a slight dip in mortgage approval levels, down 4% versus January, homebuyers continue to swamp the market at...
Market analysis by real estate debt advisory specialists, Sirius Property Finance , has looked at how an increase in interest rates could dent our appetite for homeownership based on data trends seen over the last decade.
Sirius Property Finance analysed the level of monthly mortgage approvals seen over the last 10 years as well as the average mortgage interest rate for a two year...
