2nd December 2025
Autumn mortgage market killed off by Budget property tax fears
The latest Money and Credit report from the Bank of England shows that in October, net mortgage approvals for house purchase decreased by 600 to 65,000, while approvals for remortgaging fell by 3,600 to 33,100, the lowest since February 2025 (32,900). The drop in activity is widely attributed to purchasers sitting on...
