Mortgage approvals drop as home-movers sit tight

95,126 mortgages were approved by the main high street banks in July 2019; the highest monthly total since July 2009

There are now 15,484 streets with an average property price in excess of £1m, says Zoopla; 1,805 fewer than the 17,289 recorded at the same time last year.

The number of mortgaged movers fell in the first half of the year in the North, South East and Scotland, but these declines were offset by increases in the North West, West Midlands and Northern Ireland…