February sees net mortgage borrowing fall

Net mortgage borrowing came to £4.7bn in February, Bank of England (BoE) figures show, down on the £5.9bn recorded in January. Meanwhile, approvals for house purchases fell too, from 73,800 in January to 71,000 in February while the value of these approvals ticked up, from £16.6bn to £16.7bn, respectively. And approvals for remortgages increased, from ...

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