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UK mortgage approvals at 9-month low

April's net mortgage lending rises by £1.7b from March

Published Mon, Jun 2, 2014 · 10:00 PM
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[LONDON] UK mortgage approvals fell more than economists forecast in April, dropping to the lowest in nine months as banks tightened lending rules.

Approvals declined to 62,918 from 66,563, the Bank of England (BOE) said yesterday. That's the third monthly decline after th…

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