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Economy And The Numbers

UK Mortgage Approvals At 2-Year High

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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UK mortgage approvals increased to a two-year high in August as demand improved with easing interest rates, official data revealed on Monday.Mortgage approvals for house purchase rose to 64,900 in August from 62,500 in July, the Bank of England said. This was the highest level since August 2022 and was also above forecast of 64,000.The 'effective' interest rate, the actual interest paid on newly d...

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