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UK mortgage approvals rise to highest since Oct 2022, BoE data shows

By Reuters   |   Feb 29, 2024 at 04:46 AM EST
UK mortgage approvals rise to highest since Oct 2022, BoE data shows

LONDON (Reuters) - British lenders approved more mortgages in January than at any point since October 2022, Bank of England data showed on Thursday.

There were 55,227 mortgage approvals last month, up from 51,506 in December, the data showed.

A Reuters poll of economists had pointed to 52,000 approvals during January.

(Reporting by Andy Bruce; Editing by William Schomberg)

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