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Mortgage approvals down in November

The number of mortgage approvals made to home buyers fell to its lowest levels in almost a year-and-a-half in November, the Bank of England has reported.

Mortgage approvals fall to 17-month low in November

Property market suffers autumn slowdown as Bank of England figures show dip after summer recovery The number of mortgages approved for house purchases fell to a 17-month low in November, in a further sign of a housing market slowdown in the autumn. A total of 59,029 home loans were approved for purchases during the month, according to figures from the Bank of England, below the average of 63,191 …