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The Independent UK

Business

Vicky Shaw

Mortgage approvals for house purchase drop to lowest levels since May 2020

Bank of England Karim Haji Simon Gammon KPMG

The number of mortgage approvals being made to home buyers fell in December to the lowest level since May 2020, according to Bank of England figures.

Some 35,600 mortgages were approved for house purchase, down from 46,200 in November, the Bank’s Money and Credit report said.

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BANG Premier

One subscription that gives you access to news from hundreds of sites

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