UK May mortgage approvals dive to record low - Guardian Unlimited

Story date: 2008-06-30 01:33:00
Added on: 2008-06-30 02:00:59

House prices have already been falling at monthly rates not seen since the housing market crash of the early 1990s and the very weak approvals numbers suggest the downturn is only just beginning, especially as interest rate cuts are not likely.


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