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Mortgage Approvals Fall

The Bank of England have reported that mortgage approvals fell more than 1% to 62,914 in March of this year.  This is the lowest recording for 2018 and is the second lowest since August 2016.

These figures seem to suggest that house prices are unlikely to increase this year.

If you are lucky enough to have obtained a mortgage approval, and now require Solicitors to act for you on behalf of your purchase, please contact us at Clough & Willis Solicitors.  We can advise you of the next steps and guide you throughout the house buying process from start to finish.