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Old 07-23-2008, 12:30 PM
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Post New mortgage approvals decline 66% year-on-year

The British Bankers’ Association (BBA) has released figures for mortgage lending in June, showing that the number of new home loans approved by the UK’s leading lenders fell 23% in a month.In May, BBA members approved 27,499 new home loans but the figure declined to 21,118 in June, representing a 66.9% fall on the same [...]

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