Mortgage approvals drop 20 per cent in latest sign of slowdown (Belfast Telegraph)
Story date: 2007-10-30 05:22:41
Added on: 2007-10-30 16:00:17
Further evidence of a slowdown in the housing market came yesterday as the Bank of England revealed figures showing that the number of mortgage approvals for home purchase fell from 108,000 in August to 102,000 in September, the lowest since July 2005. The number of approvals is down 20 per cent on the year.
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