Mortgage approvals in March are up.

The British Bankers Association today released March 2016 figures for the High Street Banks.   Gross mortgage borrowing of £17.1 billion in March was 64% higher than a year ago and the highest borrowing since April 2008 following a reported sharp increase in purchase of buy-to-let and second homes, ahead of the increase in stamp duty on…

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25% rise in mortgage approvals in November

The number of UK mortgage approvals in November rose 25% to 76,295 compared to a year ago, according to the British Bankers’ Association last thursday. A 20% increase in loans for house purchases was seen, a figure of  44,960 was recorded, this was below the  estimates of 46,000, remortgaging surged 31% last month to 23,446…

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