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UK mortgage approvals fall to 13-month low on Brexit jitters
Published Fri, Jul 29, 2016 · 09:50 PM
London
UK mortgage approvals fell to their lowest level in more than a year in June as nervousness gripped the housing market before the referendum on European Union membership.
Banks and mutually owned lenders signed off on 64,766 loans for house purchase, the fewest since May 2015, the Bank of England (BOE) said on Friday. The figure was down 3 per cent from May and below the 65,500 predicted in a Bloomberg survey of economists.
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