The process of applying for mortgages takes much longer than it did 20 years ago, an estate agent says.
Read MoreMortgage delays causing ‘extra stress’ for buyers
Tag: mortgage approvals
Rise in number of mortgage approvals to home buyers in May, says Bank of England
The increase in mortgage approvals for house purchase was described as a ‘welcome breath of fresh air’ by one housing market expert.
Read MoreBudget fallout triggers surprise fall in mortgage approvals
The number of mortgage approvals made to home buyers dipped in November, although it remained above the monthly average seen over the past year, according to Bank of England figures.
Some 65,700 mortgage approvals for house purchases were recorded in November. That’s some 2,400 lower than October but above the previous 12-month average of 60,400.
Read MoreMortgage approvals for house purchase jump to two-year high in August
The number of mortgage approvals made to home buyers jumped to a two-year high in August, according to Bank of England figures.
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