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