Mortgage market in UK saw stronger annual growth in May
UK finance | July 17, 2019
The mortgage market in the UK is seeing stronger activity with the remortgage sector in particular recording strong annual growth in the year to May 2019, the latest industry figures show. There were 30,720 new first time buyer mortgages completed in May, up 0.5% compared to the same month in 2018, according to the figures from UK finance, and there were 29,430 home mover mortgages completed, a fall of 1.2%.