MortgagesJul 31 2014

Big Figure

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by

2,089 - This is the additional number of mortgage approvals in June compared to May, according to the Bank of England’s money and credit report.

The number of loan approvals for house purchase was 67,196 in June, compared with the average of 68,240 over the previous six months, according to the study.

Brian Murphy, head of lending at national firm the Mortgage Advice Bureau, said: “The figures show the mortgage market starting to rebound into growth after hitting a wall at the turn of the year.

“Homebuyers are leading the charge with the volume of purchase loans reaching a four-month high and exceeding the last pre-MMR total recorded in March.”