In the fourth quarter:
Home buyers borrowed £2.2bn for house purchase, down 0.5 per cent quarter-on-quarter and three per cent year-on-year. They took out 16,800 loans, down one per cent compared to the previous quarter and three per cent on the fourth quarter 2015.
First-time buyers borrowed £910m, down three per cent on the third quarter but up five per cent on the fourth quarter last year. This totalled 8,400 loans, down two per cent quarter-on-quarter but up five per cent year-on-year.