The number of house purchase loans fell by more than three times the decline in remortgages in January, according to the Council of Mortgage Lenders.
With the date of the Budget now confirmed as 24 March, the Council of Mortgage Lenders has produced a Budget submission urging the government to commit to the ongoing funding of measures to help borrowers in financial difficulty.
Mortgage activity rose again in February, according to Countrywide and its 700 mortgage consultants.
Property sales in Britain in 2009 were 6.8% lower than a year earlier but it was very much a year of two halves, according to property website Zoopla.co.uk.
The majority of landlords support stronger regulation of buy-to-let mortgages and advice, according to a survey conducted by LSL Property Services plc.
New bank Aldermore is to launch a range of mortgage products during the second quarter of 2010 exclusively via intermediaries.
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