The number of mortgage approvals being made to home
buyers dropped to a three-month low in September, according to Bank of England
figures. Some 66,232 loans for house purchase were given the green light in
September, marking the lowest monthly figure since June 2017. It is the second
month in a row that mortgage approvals have fallen and comes after a six-month
high of 69,360 in July. However, the Bank’s Money and Credit report showed
re-mortgage loans picked up in September to 47,598, rising from 46,270 the
month before. Read more on the Belfast Telegraph website.
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