30 Apr

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Mortgage approvals up as property market springs into action

Britain is on the move with the biggest number of mortgage approvals in almost a year indicating that buyers are confident they can find their new home.

Data from UK Finance has revealed that lenders approved 39,980 mortgages in March, an increase of 6 percent on the same month a year ago and up from 39,207 in February.

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Confidence returning

The uptick in mortgage approvals suggests some confidence is returning to the property market with Brexit on hold at least until October.

Meanwhile, we are entering spring, the traditionally busiest time for buying and selling property, offering a boost to both sellers keen to offload their home and buyers desperate to secure their new dwelling.

Buyer or seller, your next step once you know you’re on the move is to instruct a conveyancing solicitor.

Make a move with Homeward Legal

Homeward Legal offers high-quality, low-cost conveyancing services that will ensure you have the very best legal representation when it comes to property moves.

We work with a panel of expert property law firms across England and Wales who will handle your transaction promptly and efficiently from the outset.

Talk to our team now on 0800 038 6699 to find out more. You can also get an instant, no-obligation quote for buying or selling conveyancing services. With our no-completion, no-fee guarantee, you won’t be out a penny if, for any reason, your transaction fails to go ahead.