The Council of Mortgage Lenders (CML) has reported a 4% rise in mortgage approvals for house purchases in February.During the month 24,300 loans were sanctioned worth a combined £3.1 billion. The figure compares with 23,400 loans in January worth £3.1 billion but is around one-third of the average February total of 76,000 between 2002 and [...]
More: New mortgage lending up 4%