Breaking Down the Latest UK Mortgage Approval Numbers: June Sees 6.373K Approvals, Slightly Below Expected 6.500K
Prior 66.16k; revised to 65.68k Net consumer credit £1.8 billion vs £1.0 billion expected Prior £0.8 billion; revised to £0.9 billion Net borrowing of mortgage debt by UK individuals decreased to £5.3 billion in June, down from £8.0 billion in May but remains above its 12-month pre-pandemic average up to February 2020 of £4.3 billion….