Home loans fall to lowest level for 15 months with biggest impact on borrowers with small deposits, says e.surv.
Mortgage payments most affordable since 2004 but number of loans down and average deposit still 20 per cent.
Mortgage lending is up on last month's figures, but compared with a year ago things don't look quite so promising.
What impact will the 2011 Budget have on UK housing? We look at the help for owners, renters and first-time buyers.
Confidence in the housing market is lower than it was three months ago.
The number of new mortgages for home purchases rose in July for the first time in over two years.
Mortgage lenders have denied they are skimming off pure profit at the expense of the consumer, as interest rates remain frozen while borrowing rates rise.
Mortgage approvals hit a 17-month high in July as the housing market showed more signs of recovery, according to the latest figures.
Northern Rock today posted a £724.2 million loss for the first half of the year - as mortgage defaults started to bite.
Nationwide yesterday was forced to defend the launch of its new 125 per cent mortgage.
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