Approvals of loans secured on dwellings fell slightly in February according to (BoE)
March 30, 2017
The Bank of England (BoE) monthly Money and Credit statistical release published yesterday 29th March 2017.
Key points from the data to the end of February 2017 for lending to individuals included:
Lending secured on dwellings rose by £3.5 billion in February, similar to the flows in recent months.
Approvals of loans secured on dwellings fell slightly in February. This was the first decline since August 2016, but at 125,622 they remain above the recent six-month average.
The net flow of consumer credit was £1.4 billion in February. The twelve-month growth rate remained at 10.5%.
Read the BoE Money and Credit statistical release in full click here.
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