Mortgage approvals plunged almost 10% in July as affordability challenges continue for potential house buyers. This is according to the latest BoE Money & Credit data which shows that net mortgage approvals decreased from 54,600 in June to 49,400 in July, while approvals for remortgaging slightly increased from
BoE: £5 3bn of mortgage debt borrowed in August - Mortgage Introducer
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Bank of England: Net mortgage borrowing surged in May
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