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Property market stumbles as homebuyer mortgages drop 15% in a month
Mortgage approvals for house purchases dived 14.9 per cent to 56,205 in May, compared to the month before, according to Bank of England data.
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independent.co.uk
Home mortgage approvals drop to lowest since December 2023
Experts said the impact of the Middle War pushing up borrowing costs took its toll on buyer demand.
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dailymail.com
Property market stumbles as homebuyer mortgages drop 15% in a month
Mortgage approvals for house purchases dived 14.9 per cent to 56,205 in May, compared to the month before, according to Bank of England data.
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thisismoney.co.uk
UK property market slumps amid fears of a Burnham tax raid
Figures from the Bank of England show just 56,205 mortgages were approved last month, which is down from 66,034 in April and the lowest number since December 2023.