Mortgage approvals rise 18%

The number of mortgages approved for home purchases rose by 18% between February and March 2023, from 44,100 to 52,000, according to Bank of England figures. However, March's total is still below the average of 62,700 approvals a month in 2022, and mortgage lending remains well below pre-pandemic levels. The number of mortgages approved for home purchases rose by 18% between February and March 2023, from 44,100 to 52,000, according to Bank of England figures. However, March's total is still below the average of 62,700 approvals a month in 2022, and mortgage lending remains well below pre-pandemic levels. 

Daily Mail (06/05/2023)   Financial Times (06/05/2023)   The Independent (06/05/2023)