Mortgage approvals increased in April, latest data shows

e.surv | May 16, 2019

Mortgage approvals increased in April, latest data shows
There was a sharp increase in mortgage approvals in April as home owners continued to take advantage of low mortgage rates across much of the market, the latest data shows. There were 65,781 mortgages approved during April 2019, up 2.7% compared to the same month in 2018, according to the mortgage monitor from residential chartered surveyors e.surv. The report points out that while new activity in the wider housing market remains stagnant in many areas of the country, existing home owners are capitalising on a battle between High Street banks and other lenders which has seen interest rates fall so far this year.

Spotlight

Myst is located in the foothills of the Himalayas near Kasauli and is 5,500 ft. above sea-level. It is about 65 kms from Chandigarh airport. Biophilic design brings together nature and architecture to create living spaces that are inspiring and comforting. This approach to design allows residents to reconnect with all the elements of nature – earth, water and sky.

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Spotlight

Myst is located in the foothills of the Himalayas near Kasauli and is 5,500 ft. above sea-level. It is about 65 kms from Chandigarh airport. Biophilic design brings together nature and architecture to create living spaces that are inspiring and comforting. This approach to design allows residents to reconnect with all the elements of nature – earth, water and sky.