Mortgage approvals reach six-year high

7th March 2014

The Bank of England has revealed that the number of new mortgage approvals hit 76,947 in January – the highest since November 2007

Economists had expected approvals to hit 74,500. The Bank also revealed that more than 1m homes were sold in the UK last year, up 15% on 2012.

Source:   The Times (04/04/14)

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