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British mortgage approvals rose in February but fell in March due to higher rates.
British mortgage approvals rose to 62,584 in February, the highest since November 2025, but this improvement quickly reversed as mortgage rates surged in March due to Middle East conflict.
Lenders reintroduced deals at higher rates, pushing average two-year fixed rates to 5.77%.
While consumer credit grew, analysts warn household finances are under strain from rising energy prices and economic uncertainty.
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Las aprobaciones hipotecarias británicas aumentaron en febrero, pero cayeron en marzo debido a tasas más altas.