Latest housing sector data now out
- 44,533 prev revised down from 44,960, lowest reading since May 2015
- net mortgage lending +£1.475bln vs +1.747bln prev, lowest since April 2015
The British Bankers' Association (BBA) Mortgage Approvals measures the number of new mortgages approved by BBA-backed banks during the previous month. It includes more than half of the total U.K. mortgage market.
Softer data in line with the Nationwide HPI earlier.
GBP a tad lower as EURGBP pushes up through 0.7600 offers/res again
