0 minute readUK mortgage approvals fell in April to the lowest in almost a year as tighter credit conditions curbed demand from first-time buyers, preliminary data from the Bank of England showed. The number of loans granted declined to 47,000 from 51,000 in March, according to a sample from the central bank’s panel of six major lenders released in London today. That’s the lowest since May 2009.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Exclusive: House Democrat reintroduces bill targeting mortgage credit access
The reintroduced legislation would require lenders to use consumer-permissioned data, rental and bank records, for applicants who request it.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
