UK DATA: BBA: Sep sa Mortgage Approvals 31,104 vs 31,781 Aug
UK BBA Sep sa Remortgage Approvals 23,820 vs 23,981 Aug
UK BBA: Sep Value of Loans for House Purchase stg4.572 bln
UK BBA: Sep Mortgage Approvals Lowest Since Mar 2009
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Mortgage approvals from the major British banks fell to their lowest
level since March 2009, adding to the raft of evidence that the housing
market is cooling. As approvals are a good indicator of activity in
coming months, these data suggest the market will remain subdued through
into the new year.
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UK DATA: BBA: Sep sa Mortgage Approvals 31,104 vs….
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