In February, UK mortgage approvals for homebuyers reached the highest level since September 2022, with 60,383 deals approved.
UK mortgage approvals for homebuyers hit their highest level since September 2022 in February, with 60,383 deals approved, according to Bank of England figures. This marks the first time since September 2022 that mortgage approvals for house purchase have been above the 60,000 mark. The increase in mortgage approvals follows signs of easing inflation and increased hopes for a Bank of England base rate cut.
April 02, 2024
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