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BoE: mortgage approvals fall to record low

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  • BoE: mortgage approvals fall to record low

    Figures released by the Bank of England today revealed that 42,000 home loans were approved in May, which is a 27% decline compared with April and represents a 64% fall compared with 12 months ago.The Bank said the figures were the lowest since it began recording the data in 1993. The figures were also lower [...]

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