According to the figures from the Office for National Statistics ( ONS ) , mortgage house prices slowed in the year to August with annual growth of 5.2 % , which is constant from last month . analysis of Mortgage Lenders figures showed that , home loans activity dipped in August , falling 9.3 % in July to fall . But still it was up a modest 1.5 % YoY. Brian Murphy , head of finance at Mortgage mortgage Bureau said , “ Overall the market is looking in far healthier shape than a year ago when mortgage prices were rocketing and the mortgage market was still adjusting to new lending rules . ”
According to the figures from the Office for National Statistics (ONS), UK house prices slowed in the year to August with annual growth of 5.2%, which is constant from last month. Council of Mortgage Lenders figures showed that, home loans activity dipped in August, falling 9.3% in July to 62,300. But still it was up a modest 1.5% YoY. Brian Murphy, head of lending at Mortgage Advice Bureau said, “Overall the market is looking in far healthier shape than a year ago when house prices were rocketing and the mortgage market was still adjusting to new affordability rules.”