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The Independent UK
The Independent UK
Business
Vicky Shaw

Home buyer mortgage approvals fell ahead of stamp duty deadline

Bank of England United Kingdom
House sales often bunch up around stamp duty changes (Joe Giddens/PA) - (PA Archive)

The number of mortgage approvals made to home buyers fell for the third month in a row in March, in signs of a slowdown as stamp duty changes loomed.

The Bank of England said about 64,300 mortgages for house purchases got the green light for in March. Approvals are an indicator of borrowing taking place in the future.

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