Mortgage approvals drop year-on-year

There were 65,922 residential mortgages approved in October 2019 on a seasonally adjusted basis, a decrease of 1.2% year-on-year, e.surv has revealed. The number of transactions were fairly flat compared to September 2019. Richard Sexton, director at e.surv, said: “Despite the wider property market continuing its recent slowdown, the mortgage industry has maintained steady levels […]

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