Mortgage approvals in the UK increased less than expected in April, the latest figures from the British Bankers' Association (BBA) showed Friday.
The number of loans approved for house purchase rose to 32,153 in April from 31,401 in March. Economists expected it to rise to 32,800.
Net mortgage borrowing from the banks fell 0.1 percent in the the year to April. The outstanding level of unsecured borrowing contracted 1.3 percent over the same period.
Gross mortgage borrowing of GBP 7.8 billion in April was marginally below the recent monthly average, BBA said.
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