U.K. Mortgage Approvals Plunge In Jan.

23 Feb 2010

Mortgage approvals in the U.K. plunged by 10,000 in January compared with the preceding month, according to the British Bankers’ Association.

Mortgage approvals in the U.K. plunged by 10,000 in January compared with the preceding month, according to the British Bankers’ Association. The January figure of more than 35,000—a drop of more than 20%--is also far below the average for the preceding six months. The BBA blames ...

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