Industry Reactions: Mortgage approvals rise again
'A third consecutive monthly increase in mortgage approvals demonstrates that market momentum continues to build,' comments Foxtons' boss Guy Gittins, as the latest BoE data shows a continued recovery in lending activity.
Mortgage approvals rise as interest rates stabilise
Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.
Mortgage approvals dipped further in August – BoE
August saw net mortgage approvals for house purchases fall to the lowest level since February.
Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
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