UK January mortgage approvals 66.19k vs 65.65k expected

March 03, 2025 at 09:30AM

Prior 66.53k; revised to 66.51k

Net consumer credit £1.7 billion

Prior £1.0 billion; revised to £1.1 billion

Net borrowing of mortgage debt by individuals increased by £0.9 billion to £4.2 billion in January, following an increase of £1.1 billion in the month before. The annual growth rate of mortgage lending rose further to 1.8%, reinforcing the upwards trend since April last year.

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

UK January mortgage approvals 66.19k vs 65.65k expected

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Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

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