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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