UK mortgage approvals hit 2-year high in July as market stabilises – BoE
British lenders approved the greatest number of mortgages in two years during July, adding to signs the housing market has stabilised from its pre-Brexit slowdown, official data showed on Friday.
The Bank of England said lenders approved 67,306 mortgages, up from 66,506 in June and more than any economist predicted in a Reuters poll that had pointed to 66,167 approvals for July.
Britain’s housing market has sagged since the 2016 Brexit referendum – especially i
The Bank of England said lenders approved 67,306 mortgages, up from 66,506 in June and more than any economist predicted in a Reuters poll that had pointed to 66,167 approvals for July.
Britain’s housing market has sagged since the 2016 Brexit referendum – especially i
Posted by Reuters
