decline in mortgage approval levels

Bank of England lending figures

Property industry reacts to latest BofE lending figures

The latest figures show that approvals fell between October and November to 46,075, also down on the 68,969 seen in November of last year (2021)

Founder and CEO of easyMoney , Jason Ferrando, commented:

“A third consecutive monthly decline in mortgage approval levels will certainly seem like cause for concern given the doom and gloom that has enveloped the UK property market...