January 30, 2009
Increase in mortgage approvals
Story link: Increase in mortgage approvals
Not exactly a spectacular result, especially considering the figures for say, this time last year.
Even so 4,000 more mortgage approvals can only be good for the property market, maybe this means we are final bottoming out.
Increase in mortgage approvals
The number of new mortgages approved for home buyers picked up slightly in December, says the Bank of England.
There were 31,000 mortgage approvals, up from 27,000 in November, but still the second lowest figure on record.
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