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Evening Standard
Evening Standard
Vicky Shaw

February rise in mortgage approvals is ‘snapshot of what could have been’

Bank of England Moneyfacts
Higher mortgage pricing ‘is likely to build on existing affordability pressures,’ Moneyfacts said (Anthony Devlin/PA Archive) - (PA Archive)

Mortgage approvals for home buyers picked up to a three-month high in February, according to Bank of England figures.

Some 62,584 mortgages were approved for home purchases in February, marking the highest monthly figure since November 2025, when 64,501 approvals were made.

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