U.K. mortgage lending reached a nine-month high in March,
a possible sign that stability is returning to the housing market. The number
of home-loan approvals climbed to 39,980, almost 6 percent higher than a year
earlier and the most since June 2018, lobby group UK Finance said The
pickup came as a surprise to economists, who had expected to see a further
slowdown last month. The housing market has been hit by Brexit uncertainty,
particularly in London, and mortgage approvals remain well below the levels
posted two years ago. Annual growth in consumer credit accelerated to 4.1
percent, the highest since June last year. Read more on the Bloomberg website.
Reform UK council chair resigns after ‘illegally renting out unsafe
properties’
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Council said Edward Harris’s properties ‘failed to meet even most basic of
living standards and legal requirements’
A Reform UK council chair has resigne...
9 hours ago
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