Mortgage approvals start to rise

Mortgage approvals start to riseLatest figures from the Bank of England show that the number of mortgages being approved for home buyers is starting to pick up. In July a total of 49,239 mortgages were approved for homebuyers, this represents an increase of 3% on the same time last year and is the third month in arrow that the number of approvals has risen. Rise in sales? So far this year the level of house sales has stagnated with figures released last week by HMRC showing that in July ...