We use cookies to allow us and selected partners to improve your experience and our advertising. By continuing to browse you consent to our use of cookies. You can understand more and change your cookies preferences here.

Which? Mortgage Advisers are unfortunately unable to accept any new customers. We apologise for any inconvenience.
Existing customers can still contact us on 01174 566027

Read the Mortgage and Property advice from Which? to help you find the best solution for your needs or use Money Compare to find the best mortgage for you.

Mortgage lending strongest for 8 years

Lending for June 2016 was at its highest since 2008, the Council of Mortgage Lenders has reported.

An estimated £56.1 billion worth of mortgages was taken out over the second quarter of 2016 – 8% higher than the second quarter of 2015.

It is mainly due to low interest rates and flexible lender criteria that have kept lending strong.

‘It’s no surprise that lending figures were strong in June with rates continuing to remain low,’ says David Blake of Which? Mortgage Advisers. ‘Some lenders have even started to drop their rates again. It’s a great time for anyone thinking about taking out a mortgage or reviewing an existing one’.

Find out more on this story here.

Speak to us at Which? Mortgage Advisers about your mortgage or read more below:

Cut the cost of remortgaging
Buying my first home
Buy to let basics
What to look for when buying a home

Back to top