Home-buyer mortgage approvals jump to highest level since September 2022
The number of mortgage approvals made to home buyers jumped in March to the highest level since September 2022, according to Bank of England figures.
In an indication of property sales to come, mortgage approvals for house purchases rose from 60,500 in February to 61,300 in March.
It was the highest total since more than 65,300 mortgages for house purchase got the green light in September 2022.
Approvals for remortgaging decreased from 37,700 to 34,200 over the same period, according to the Bank of England’s Money and Credit report.
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The report was released as HM Revenue & Customs (HMRC)
