Mortgage approvals in the UK decreased unexpectedly in May, data from Bank of England revealed Tuesday. But growth in net mortgage lending and consumer credit exceeded expectations in May. The number of loans approved for house purchase stood at 49,815 in May, down from April’s revised 49,828.
UK mortgage approvals fall slightly in May
Most Popular Articles
Latest Articles
HUD aims to help protect communities from extreme heat
HUD has announced a series of individual and shared initiatives designed to help communities protect against the dangers of extreme heat.
-
Freedom Mortgage founder addresses ’extraordinary’ credit profiles, profitability and products
-
Realty One Group joins growing list of firms to settle commission lawsuits
-
Figure names Michael Tannenbaum as CEO
-
American Financial Resources announces two executive hires
-
Side’s Hilary Saunders discusses the evolution of brokerage models