Mon, 25 Feb 2013 12:17:04 GMT
Unexpected decline of U.K morgage approvals
Despite the forecast rise of U.K mortgage approvals to 34,000, there was a rapid drop to 32,288 in January from 33,440 the month before. Meanwhile, gross mortgage borrowing was above the latest monthly average rising to 7.7 billion GBP in January. According to BBA report, consumer claims for borrowings and overdrafts stayed quite low and the reimbursement of insecure personal