Mortgage approvals for house purchases have dropped by nearly 11%
But remortgaging approvals have climbed by nearly the same amount as homeowners look to 'lock-in attractive deals' before rates rise
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Mortgage approvals jump to highest level since 2015
2019's gross mortgage lending total was still below 2018's level, despite a flurry of approvals in December.
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
Mortgage approvals recover to 2016 levels
Mortgage approvals for house purchase rose to 70,900, the highest since February 2016, according to official data from the Bank of England.
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