Mortgages approvals rise for fourth month in a row

Latest Bank of England Money and Credit data has shown that mortgage approvals increased in September for the fourth consecutive month. Net mortgage approvals for house purchases rose from 56,100 in January, to 60,400 in February. Net approvals for remortgaging also increased, from 30,900 to 37,700 during this period. Individuals borrowed, on net, £1.5 billion…

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