UK mortgage approvals »

  • H.S. Borji

    The British pound declined sharply Tuesday, easing off multi-year high against the US dollar after Bank of England Governor Mark Carney tempered expectations about a rate hike. Cable declined 0.32 percent to 1.6975, falling further below the nearly six-year high set last week. The pair is testing initial support at 1.6979. Below that level the

  • Business » UK mortgage approvals reach 5 ½ year high
    October 30, 2013, 07:34 GMT

    September mortgage approvals in the United Kingdom rose to the highest level in 5 ½ years, as the residential property market continues to drive economic progress. According to the Bank of England, 66,735 mortgages were approved in September, compared to 66,396 the prior month. Hometrack, a privately owned property analytics provider, said home sales in