UK mortgage approvals rose in May as the Bank of England kept its £200bn ($297bn) bond stimulus in place to help stoke lending in the economy, preliminary data from the bank showed. The number of loans granted was 51,000, compared with 48,000 in April, according to a sample from the central bank’s panel of six major lenders released in London today.

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3d rendering of a row of luxury townhouses along a street

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