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New mortgage lending nudges up

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06-03-2009, 03:45 AM

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New mortgage lending nudges up

New figures from the Bank of England show the number of mortgages approved for house purchases rising for the third successive month in April. Lenders approved 43,201 loans to home buyers, up from 40,000 in March. The figures suggest that completed transactions, which increased 35% in March compared to February, should continue to rise. Remortgaging activity fell again [...]

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