• Number of mortgages approvals in the U.K. rises to 70,410 in November

Market news

4 January 2016

Number of mortgages approvals in the U.K. rises to 70,410 in November

The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Monday. The number of mortgages approvals in the U.K. was up to 70,410 in November from 69,867 in October, exceeding expectations for an increase to 70,400. October's figure was revised up from 69,630.

Consumer credit in the U.K. rose by £1.476 billion in November, after a £1.207 billion gain in October. October's figure was revised down from £1.178 billion.

Net lending to individuals in the U.K. increased by £5.35 billion in November, after a £4.8 billion gain in October.

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