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UK Mortgage Approvals Fall Sharply In September

Por: RTTNews Business October 31, 2022

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UK mortgage approvals declined sharply in September amid rising interest rates and cooling property market, data from the Bank of England showed on Monday.Mortgage approvals for house purchases, an indicator of future borrowing, declined sharply to 66,800 in September from 74,400 in August. The expected level was 67,000.Mortgage lending remained almost unchanged at GBP 6.1 billion in September, well above the past six-month average of GBP 5.7... + full article



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