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BoE: Mortgage approvals fall to record low

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  • BoE: Mortgage approvals fall to record low

    The Bank of England has today revealed that the number of mortgage approvals for homebuyers has fallen to 33,000 in July, down by 71% compared with the same period last year.According to the Bank of England, the figures are the lowest since it started gathering data in 1999, and highlight the continuing downturn in the [...]

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  • #2
    The market is shrinking so fast now, a lot of brokers are going to the wall. Only the remortgage market holding up.