Mortgage approvals rise modestly

Jan. 5, 2012
The number of loan approvals for house purchase rose slightly for a second consecutive month in November 2011, the latest Bank of England statistics show. Approval figures crept from 52,786 (£7.4 billion in value) in October to 52,854 (£7.6 billion) in November. In September, mortgage approvals totalled 51,231 (£7.3 billion in value). The November figure is a 10% rise against …

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