The Bank of England has reported that mortgage approvals for house purchases fell to 27,000 in November.The record low represents a 67.1% decline on similar approvals for November 2007. A month earlier in October, approvals fell by 1,000 (from September) to 32,000 and November’s figure is therefore 13% down month-on-month, ending a four-month period during [...]
New mortgage lending down 67.1%
