UK Mortgage Approvals

Mortgage approvals account for the approvals of new mortgages for home purchases for a month and is measured by the Bank of England.

UK Mortgage Approvals

UK Mortgage Approvals increased on a monthly basis for May 2017 by 0.23% compared to previous month’s value. Results were reported at 65,202, higher than previous month values of 65,051 and beat expectations of 64,000. Mortgage Approvals in the United Kingdom peaked at an all-time high point of 151,800 in May of 1988 and hit rock-bottom at 26,700 in November of 2008.