View full page at forexfactory.com

 

September UK mortgage approvals fall to lowest level since July 2013 - BBA

From uk.reuters.com

Mortgage approvals in Britain fell in September to their lowest level since July last year, standing 9.9 percent lower than a year ago, industry data showed on Thursday. The British Bankers' Association said its members approved 39,271 loans for house purchases in September, down from 41,361 in August. The amount of net new mortgage lending in September rose 881 million pounds - the weakest increase since January. Britain's Financial Conduct Authority required lenders to introduce tighter affordability checks on mortgages in late April, and the Bank of England imposed further restrictions on how much most Britons can ... (full story)

Story Stats

  • Posted:
  • Category: Medium Impact Breaking News