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Digital Subscriptions > The Oban Times & Lochaber Times > 17th August 2017 > First-time buyer activity continues to grow in June

First-time buyer activity continues to grow in June

On a non-seasonally adjusted basis, UK Finance data shows that mortgage lending in June rose:

• First-time buyers borrowed £5.9bn, up 26 per cent on the previous month and nine per cent on June 2016. This equated to 36,000 loans, up 22 per cent month-on-month and six per cent year-on-year.

• Home movers borrowed £7.8bn, up 26 per cent on May and 15 per cent yearon- year. This equated to 36,500 loans, up 24 per cent month-on-month and nine per cent compared to a year ago.

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