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Monthly fall in mortgage approvals speeds up

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  • Monthly fall in mortgage approvals speeds up

    According to figures released by the Bank of England, the number of new house purchase mortgages approved in April 2008 was 58,000. This is the lowest number since the bank started recording the figures in 1993, and 8% fewer than the March total. For twelve consecutive months, the amount of money offered to borrowers, and the [...]

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