Surpassing Expectations: UK January Mortgage Approvals Reach 39.64k, Exceeding Predictions of 38.00k
Net Consumer Credit and Mortgage Lending in the United Kingdom Increasing Consumer Credit and Decreasing Mortgage Lending Net mortgage lending to individuals decreased from £3.1 billion to £2.5 billion in January with mortgage approvals declining for a fifth month running. On net, consumers borrowed an additional £1.6 billion in consumer credit with the annual growth…