Mortgage lending accelerated in July, a latest sign of a post-lockdown bounce-back in the housing market, and consumers returned to borrowing, data from the Bank of England shows. Mortgage approvals jumped to 66,300 from just under 40,000 in June and seven times higher than their coronavirus pandemic low of barely more than 9,000 in May, the data showed. Economists polled by Reuters had expected about 55,000 approvals in July. Read more on the Reuters website.
Young first-time buyers forced into ‘nature deserts’, UK data shows
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Exclusive: High cost of homes near green spaces may be deepening health
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Young first-time buyers in the UK are being...
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