Property News · October 31, 2016

Mortgage approvals hit three-month high, says Bank of England


September figures suggest market picking up after EU referendum, though lending remains below levels at start of 2016The number of mortgages approved for house purchases bounced back and achieved a three-month high in September after falls in the summer, but lending remains below the levels recorded at the start of the year, figures from the Bank of England show.A total of 62,932 house purchase loans worth £11.1bn were approved during the month, up from 60,984 in August, and higher than expected, but below the previous six-month average of 64,841. Continue reading…

Source : theguardian.com
Read more…Mortgage approvals hit three-month high, says Bank of England

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