Mortgage approvals for house purchase up by a fraction

Mortgage approvals for house purchase were up by a fraction last month, valuations firm e.surv is predicting.

Based on its own business levels, e.surv, part of LSL, is forecasting that in February there were 60,935 approvals, up just 0.2% from January’s figure of 60,786, and up from December’s figure of 60,349.

Last year, e.surv reported on a series of monthly drops from July to November.

The firm is also predicting that there were more mortgage approvals last month to people with low deposits – typically, first-time buyers.

x

Email the story to a friend



Comments are closed.

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.