The British Bankers Association has stated that gross and net lending in increased modestly in June, with over 35,000 mortgages being approved.

The Royal Institute of Chartered Surveyors commented that this coincides with a continuation of increased activity from new buyers and suggests that mortgage activity will continue to increase over the coming months.

This is good news if you will be needing a mortgage any time soon. If you are, contact an independent mortgage broker to ensure you get the best possible deal for your circumstances.