- lowest since Nov
- mortgage lending GBP +0.806 bln vs +0.849 bln prev
- y/y March approvals up 43%
Y/Y gaines reflect the strength of resurgence in the UK mortgage market, with approvals now back at levels seen in late 2007.But lower monthly reading (2nd consecutive) adding to GBP selling in that rally on the stronger retail sales data
GBPUSD stuck at 1.6808 again
UK BBA mortgage data March
