Thu, 24 Jan 2013 15:51:52 GMT
BBA Mortgage approvals climbs in November
The number of mortgage approvals in the U.K. rose in November to its highest level in a nine-month period, suggesting that the home loan market is going through stabilization, the British Banker's Association reported on Thursday. Mortgage approvals rose from 33,634 in October to 33,128 in November, while the gross mortgage lending reached 7.7 billion pounds.Households "continuing to repay virtually