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UK December mortgage approvals 66.53k vs 65.40k expected

January 30, 2025 at 09:30AM

Prior 65.72k

Net consumer credit £1.0 billion

Prior £0.9 billion

Net borrowing of mortgage debt by individuals rose to £3.6 billion in December, up by £1.0 billion following a decrease in net borrowing of £0.9 billion in November. Of note, the annual growth rate for net mortgage lending was seen up by 1.5% to end the year, up from 1.3% in the month before. That marks a continuation in the upward trend stretching back to April last year.

This article was written by Justin Low at www.forexlive.com.

UK December mortgage approvals 66.53k vs 65.40k expected