Mortgage approvals for house purchase fell slightly in September according to BoE

bank of england interest rate

Bank of England (BoE) today released Money and Credit statistical report – September 2017.

Lending to Individuals:

Mortgage approvals for house purchase fell slightly to 66,232 in September, close to their recent average.

The annual growth rate of consumer credit has remained broadly unchanged since June, at around 10%. The flow was £1.6 billion in September, also close to its recent average.

Read the Bank of England statistical release dated 30th October 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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