We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
UK Mortgage Approvals Hit 15-Mo High In June-BBA
inspector_monkfish
Posts: 9,276 Forumite
09:30 23Jul09 UK JUNE NET MTGE LENDING +GBP2.6B VS +GBP2.4B IN MAY - BBA
09:30 23Jul09 UK JUNE MORTGAGE APPROVALS 35,235 VS 31,919 IN MAY - BBA
09:30 23Jul09 UK GROSS MORTGAGE LENDING GBP7.9B VS GBP7.8B IN MAY - BBA
09:55 23Jul09 UK Mortgage Approvals Hit 15-Mo High In June-BBA
LONDON - U.K. gross and net mortgage lending picked up slightly in June as the number of new loans approved for home purchases jumped to a 15-month high, seasonally adjusted figures from the British Bankers Association showed Thursday.
The number of mortgages approved for house purchases increased for the third consecutive month to 35,235 in June from 31,919 in May, the highest level since March last year.
Net mortgage lending increased to a rise of GBP2.6 billion in June from a gain of GBP2.4 billion the previous month, although it remained below the average rise of the previous six months of GBP3.1 billion.
Gross mortgage lending also ticked up to GBP7.9 billion from GBP7.8 billion in May, although it was almost 46% lower than in June last year and well below the average of the previous six months of GBP8.9 billion, the BBA said.
Web site: www.bba.org.uk
09:30 23Jul09 UK JUNE MORTGAGE APPROVALS 35,235 VS 31,919 IN MAY - BBA
09:30 23Jul09 UK GROSS MORTGAGE LENDING GBP7.9B VS GBP7.8B IN MAY - BBA
09:55 23Jul09 UK Mortgage Approvals Hit 15-Mo High In June-BBA
LONDON - U.K. gross and net mortgage lending picked up slightly in June as the number of new loans approved for home purchases jumped to a 15-month high, seasonally adjusted figures from the British Bankers Association showed Thursday.
The number of mortgages approved for house purchases increased for the third consecutive month to 35,235 in June from 31,919 in May, the highest level since March last year.
Net mortgage lending increased to a rise of GBP2.6 billion in June from a gain of GBP2.4 billion the previous month, although it remained below the average rise of the previous six months of GBP3.1 billion.
Gross mortgage lending also ticked up to GBP7.9 billion from GBP7.8 billion in May, although it was almost 46% lower than in June last year and well below the average of the previous six months of GBP8.9 billion, the BBA said.
Web site: www.bba.org.uk
Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)
(MSE Andrea says ok!)
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards