The Latest Breaking News from Karim Haji

Mortgage lenders expect property market boost – but credit wobbles are already emerging

Mortgage and property market is still expected to see risng demand in the coming months

The Independent UK · Apr 9

Mortgage availability expected by lenders to increase in coming months

The ‘full impact’ of higher costs and mortgage rates is still feeding through, a finance expert said.

Evening Standard · Apr 9

Home buyer mortgage demand expected by lenders to soften over summer months

Households are adjusting to ‘ongoing cost pressures’, one finance expert said.

Evening Standard · Jul 3, 2025

Mortgage approvals for house purchase steady in June, says Bank of England

The number of mortgage approvals made to home buyers remained at about 60,000 in June, the Bank’s Money and Credit report said.

The Independent UK · Jul 29, 2024

Mortgage defaults expected to increase in coming months, say lenders

As households’ mortgages come up for renewal, with higher monthly repayments, it follows that defaults could rise, a financial services expert said.

The Independent UK · Jul 11, 2024

Consumer credit borrowing bounces back while mortgage lending halves

Consumer credit borrowing bounced back to £1.5 billion during the month, up from £800 million in April, Bank of England data showed.

The Independent UK · Jul 1, 2024

Number of mortgage approvals made to home buyers at lowest level since May 2020

Around 39,600 mortgages were approved for house purchase in January, marking the fifth month in a row of dips, according to the Bank of England.

The Independent UK · Mar 1, 2023

Mortgage approvals for house purchase drop to lowest levels since May 2020

Some 35,600 mortgages were approved for house purchase, which was the lowest total since May 2020, according to Bank of England figures.

The Independent UK · Jan 31, 2023

Number of mortgage approvals for house purchase falls to lowest level since 2020

The number of mortgage approvals made to home buyers in October was the lowest since June 2020.

The Independent UK · Nov 29, 2022

Savings squeeze as less money is deposited into accounts in May than in April

One expert said the average savings figures ‘hide a split nation’, with some households turning to debt to settle their bills.

The Independent UK · Jul 1, 2022