House prices rose by 1% in September according to the latest figures from the Halifax, taking the annual rate of house price inflation to 8% - its lowest rate since April.
The number of mortgage approvals fell to 119,000 in August, according to figures from the Bank of England.
STERLING LEAPT TO a two-year high yesterday as there is growing expectation of further rises in UK interest rates, according to the Scotsman .
Gross mortgage lending hit a new record in August, reaching £32.7bn, the latest data from the Council of Mortgage Lenders (CML) reveals.
The private equity firm that controls Gartmore, the investment group, is proposing a merger that would create a £40bn giant boasting some of the UK's top fund managers, the Mail on Sunday reported yesterday.
The Bank of England's Monetary Policy Committee(MPC) has opted to hold rates at their current level of 4.75%.
House price inflation has fallen back just over 1% since May, despite rising by the same amount in August alone, the latest figures from the Halifax House Price Index reveal.
Net mortgage lending increased by £9.8bn in July official figures from the Bank of England released today show.
Gross mortgage lending reached £30.4bn in July - the second highest figure on record and the strongest July figure ever - according to new data from the Council of Mortgage Lenders (CML).
Its not often I feel the need to go back and revise something I've written - in fact the urge to do so has never taken hold of me before.