Today: Last Update:


Do you expect to see less or more second charge mortgage lenders in 2018?

Welsh remortgaging activity up 19%


Remortgaging activity in Wales hit £560m in Q3 2017, up 19% both quarter-on-quarter and year-on-year, according to new research by UK Finance.

This resulted in a total of 4,700 remortgage loans, up 15% on Q2 2017 and 12% compared with the same period last year.

Overall, homebuyers borrowed £1.17bn, a 9% increase on the previous quarter and up 16% year-on-year.

There were 8,700 mortgage loans for property acquisitions, up 7% on the previous quarter and 13% on Q3 2016.

Julie-Ann Haines, chair of UK Finance’s Wales Mortgage Committee, said: “Lending for house purchase is growing strongly, and is now at its highest level for a decade.
“Help to Buy Wales has made a positive contribution to the housing market, and we look forward to the Welsh government announcing its plans for the scheme in future.
“In the last quarter, remortgaging also increased significantly, as borrowers took the opportunity to lock into historically low borrowing rates ahead of the widely anticipated increase in base rate earlier this month.”
First-time buyers borrowed £510m, up 4% on Q2 2017 and 13% on Q3 2016, and took out 4,400 loans, up 5% quarter-on-quarter and 13% year-on-year.

Homemovers borrowed £660m, up 14% quarter-on-quarter and 18% compared with the same period a year ago.  

This totalled 4,300 loans, up 10 % both quarter-on-quarter and year-on-year.


I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.