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Mortgage approvals hit new low while house sales halve in just one year

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  • Mortgage approvals hit new low while house sales halve in just one year

    According to figures from the British Bankers’ Association (BBA), mortgage approvals for house purchases have fallen to a record low.The BBA said its members approved just 21,118 new home loans in June, down 23% from May and down 66.4% compared with the same month last year. The annual fall was the largest since BBA began [...]

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