Price of room in the fall in the middle of decline in mortgage loans
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NET loans, redemptions and refunds, bands was only 112 million from ￡ in September, down $ 1.62 billion to ￡ in August, according to the latest mortgage figures published by the Bank of England.
Ready latest figures remain in positive territory, but is unlikely to fetch in the coming months, as banks limited best agreements to borrowers with large deposits.
Bank figures showed the number of mortgages approved for the purchase of the House fell for the fifth month following 47,474, the lowest level since February.
Vicky Redwood, Senior Economist of UK's Capital Economics, said: "UK loan household figures of September allow more evidence - as if it was needed - problems in the housing market."
"The number of mortgage approvals very slightly declined their already exceptionally low level of 47 500.Ces low activity levels now appear to contribute to renewed falling house prices."
It comes after that most large mutual Britain says home prices are surrender value by more than a typical salary.
Nationwide said that the average price of a House declined 0.7% this month, equivalent to ￡ 2 376 in a mois.Il brings the average price of a House to ￡ 164,381, from ￡ 166,757 in September.
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