During October around 55,300 loans were taken out for house purchases, and  approximately 19,700 first time buyers completed on their mortgages.

Can we assume from this then that the UK’s Mortgage Industry is showing signs of recovery? As the number of UK mortgages advanced to people buying a home reached its highest level since December 2007, should we start to feel a little more safer?

Sure we have a long way to go yet the future is starting to look rosier.