focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

UK mortgage approvals rise to highest level since June 2014 -BBA

Thu, 28th May 2015 09:30

LONDON, May 28 (Reuters) - Mortgage approvals in Britainrose in April to their highest level since June last year andthey look set to keep growing, according to data from theBritish Bankers' Association on Thursday.

Approvals for house purchase rose to 42,116 from 39,203 inMarch, the highest figure since June last year.

"There was a significant pre-election jump in mortgageapprovals which we would expect to continue in the comingmonths," said Richard Woolhouse, chief economist at the BBA.

The BBA data are generally a good guide to trends in morecomprehensive Bank of England lending figures due on Tuesday butdo not include lending by mutually owned building societies,which accounts for almost a third of mortgages.

The BoE data showed mortgage approvals inched down in Marchafter rising for three straight months.

For a table of the BBA lending data, see (Reporting by Andy Bruce; editing by John Stonestreet)

Related Shares

More News
13 May 2024 10:51

Barclays promotes Chiapparoli EMEA co-head for industrials, names new Italy CEO

MILAN, May 13 (Reuters) - British bank Barclays on Monday said it had appointed Enrico Chiapparoli as co-head of industrials for Europe, Middle East...

10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, e...

9 May 2024 12:08

Barclays AGM disrupted by activists protesting over Gaza

LONDON, May 9 (Reuters) - Barclays' annual shareholder meeting was disrupted by activists protesting against its alleged indirect links to violence ...

9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consu...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.