UK mortgage approvals hit July low since January 2024, BoE data shows
British mortgage lenders approved 56,053 mortgages for house purchase in July, the fewest since January 2024 and below June’s 58,215 and a Reuters median forecast of 59,500.
British mortgage lenders approved 56,053 mortgages for house purchase in July, the fewest since January 2024, and below both June's 58,215 and the 59,500 median forecast in a Reuters poll of economists, Bank of England data showed on Tuesday.Net unsecured lending to consumers rose by £2.006 billion…