BoE Mortgage Approvals up 4.3%, but below 6 months average

Date Posted May 4, 2010  |  Author Author Alec Hanson

The Bank of England today released its “Lending to Individuals” statistics for March 2010. The key figure for property investors, the number of loan approvals for house purchase (aka Mortgage Approvals) was up by 4.3% from February.

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Mortgage Approvals down 2% and to a nine-month low!

Date Posted March 29, 2010  |  Author Author Alec Hanson

The Bank of England today announced that Mortgage Approvals for house purchases were down 2% on January and therefore means approvals are at a nine-month low.

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Bank of England “Mortgage Approvals” figure for January down 17%

Date Posted March 1, 2010  |  Author Author Alec Hanson

17% drop in The Bank of England’s ‘Mortgage Approvals’ figures in January!

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Bank of England Mortage Approvals 1.7% down on December

Date Posted February 1, 2010  |  Author Author Alec Hanson

Bank of England Statistics have shown that mortgage approvals for new purchases were down 1.7% on November figures.

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Mortgage approvals rise, but overall 27% lower in 2009!

Date Posted January 26, 2010  |  Author Author Alec Hanson

Banker’s Association (BBA) figures released today show that mortgage approvals for major UK banks rose in Decmeber. However they also show that overall in 2009,vapprovals were 27% lower than in 2008.

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Bank of England figures show more increases in Mortgage Approvals

Date Posted January 4, 2010  |  Author Author Alec Hanson

The Bank of England today released its figures for Lending to Individuals that has shown that Mortgage Approvals rose again in November, nearly 5% more than in October. This means mortgage approvals are at their highest level since March 2008. In contract the figures for other loans and overdrafts continued to fall. Read more at [...]

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CML: Mortgage Approvals at highest for nearly two years

Date Posted December 10, 2009  |  Author Author Alec Hanson

The Council of Mortgage Lenders (CML) today announced that loans approved for house purchases in the UK are at their highest since December 2007. It is now up nearly 100% from the low point of January 2009. However loans for remortgaging have stayed static for two months. According to the BBC “The recent data, from [...]

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Bank of England statistics show strong rise in Mortgage Approvals

Date Posted October 29, 2009  |  Author Author Alec Hanson

According to the Bank of England (BoE) lending data for September 2009, mortgage approvals for house purchase have risen by over 5.6%, up 3,000 to 56,215, from August 2009. However the approvals for remortgaging was down from August by nearly 10%. Mortgage approvals are a good indicator of short term trends in the property market. [...]

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