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House purchase lending nudges up

by Gill Montia.

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Lenders approved 45,723 mortgages for house purchases in January, new data from the Bank of England show, with the figure slightly up on December’s but below the previous six-month average of 46,686.
Approvals for remortgaging increased to 33,498 (December: 31,561) ahead of the six month average of 30,407, no doubt as homeowners’ anxieties over interest [...]

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