LONDON, June 2 (Reuters) - The number of mortgages approved by British lenders for house purchases rose to a three-month high of 65,945 in April from 63,979 in March, according to Bank of England data on Tuesday that also showed consumer credit grew faster than expected.
April's approvals were well above the 62,000 median forecast in a Reuters poll of economists.
Net unsecured lending to consumers rose by £1.859 billion ($2.50 billion), higher than economists' forecast of a £1.7 billion increase though just below March's £1.904 billion rise.
Weaker consumer sentiment and rising mortgage rates since the start of the Iran war in late February have caused lenders like Nationwide Building Society to report the first monthly fall in house prices since December in May.
Figures from the Royal Institution of Chartered Surveyors also showed drops in prices and buyer demand in April. ($1 = 0.7427 pounds) (Reporting by Suban Abdulla; editing by David Milliken)
Forex Market News Economic News Finance and Instruments Banking Real Estate Government & Politics

Social Housing REIT PLC - London-based real estate investment company - Declares 1.45 pence per share ordinary dividend for the first quarter. Says it...


LONDON, June 1 (Reuters) - British house prices fell by 0.6% in May, their first monthly drop since December and growth slowed in annual terms, as...


LONDON, June 1 (Reuters) - British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, monthly figures from mortgag...