–UK BBA: Jan Sa Mortgage Approvals 38,029 Vs 36,553 Dec
LONDON (MNI) – January mortgage approvals rose to their highest
level since December 2009, with re-mortgaging continuing to decline,
according to latest British Bankers’ Association data.
The data add to a raft of evidence of a pick-up in housing market
activity. The number of approvals for house purchases in January rose to
38,092 in January, up from 36,553 in December and the highest reading
since the 46,527 posted in December 2009.
–London Bureau; Tel: +44207862 7491; email: drobinson@marketnews.com
[TOPICS: MABDS$,M$B$$$]
