• Number of mortgages approvals in the U.K. declines to 66,250 in April

Market news

1 June 2016

Number of mortgages approvals in the U.K. declines to 66,250 in April

The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Wednesday. The number of mortgages approvals in the U.K. was down to 66,250 in April from 70,305 in March, missing expectations for a decrease to 67,900. March's figure was revised down from 71,357.

Consumer credit in the U.K. rose by £1.287 billion in April, missing expectations for an £1.600 billion increase, after a £1.822 billion gain in March. March's figure was revised down from £1.833 billion.

Net lending to individuals in the U.K. increased by £1.6 billion in April, missing expectations for an £5.3 billion rise, after a £9.2 billion gain in March. March's figure was revised down from a £9.3 billion rise.

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