Recent surge in mortgage approvals has now offset Covid decline : BoE
Industry News | 04/01/21
Mortgage purchase approvals increased further to 105,000 in November, up from 98,300 in October to the highest figure seen since August 2007, according to the latest Money & Credit statistics from the Bank of England.
The Bank says the recent strength in approvals has now “almost fully offset the significant weakness earlier in the year”.
Source: Financial Reporter
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