House purchase mortgage approvals up 17%

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House purchase mortgage approvals up 17%

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05-05-2010, 12:37 AM

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House purchase mortgage approvals up 17%

New figures from the Bank of England show the number of mortgages approved for house purchases rising in March, to 48,901, after falls in the previous three months. The total was up 17% on a year earlier, but somewhat short of the previous six-month average of 54,201. Remortgaging activity also increased, with March’s 27,880 approvals sporting an [...]

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