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Property experts call on PM for market boost as mortgage approvals fall
Net mortgage approvals for house purchases fell to 56,100 in July, down from 58,200 in June. The Bank of England’s Money and Credit report for July also reveals net mortgage borrowing of mortgage debt by individuals was at £4.3 billion in July, down from £7.7 billion in June. The previous six-month average was £5.3 billion. Approvals for remortgaging increased slightly
Property experts call on PM for market boost as mortgage approvals fall
Net mortgage approvals for house purchases fell to 56,100 in July, down from 58,200 in June. The Bank of England’s Money and Credit report for July also reveals net mortgage borrowing of mortgage debt by individuals was at £4.3 billion in July, down from £7.7 billion in June. The previous six-month average was £5.3 billion. Approvals for remortgaging increased slightly
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