British mortgage approvals decreased slightly in May

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Source: Yahoo Finance
The total number of mortgage approvals in the United Kingdom fell slightly in May of the current year, marking the fourth month of decline. Last month, 41,757 new mortgages for home buyers were approved, pushing the total value to 6.7 billion pounds. It has been the lowest number of approved mortgages since August, however, it is 13% higher than the indicator for May 2013.
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