UK mortgage approvals fell in April to the lowest in almost a year as tighter credit conditions curbed demand from first-time buyers, preliminary data from the Bank of England showed. The number of loans granted declined to 47,000 from 51,000 in March, according to a sample from the central bank’s panel of six major lenders released in London today. That’s the lowest since May 2009.
UK mortgage approvals decline to lowest in a year
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