UK mortgage approvals fall to record low in May-BBA - Guardian Unlimited
Story date: 2008-06-24 01:33:00
Added on: 2008-06-24 02:01:31
The annual fall was the biggest since the BBA data started in September 1997 and indicates the downturn in the housing market is accelerating as lenders, hit by a global credit crunch, restrict the supply of new mortgages.
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