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Mortgage approvals hit new low while house sales halve in just one year Mortgage approvals hit new low while house sales halve in just one year

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Old 23-07-2008, 08:22 PM
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Post Mortgage approvals hit new low while house sales halve in just one year
According to figures from the British Bankers’ Association (BBA), mortgage approvals for house purchases have fallen to a record low.The BBA said its members approved just 21,118 new home loans in June, down 23% from May and down 66.4% compared with the same month last year. The annual fall was the largest since BBA began [...]

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