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Real Estate Briefing - Categorized | Market Moves, Mortgage more

UK mortgage market continues to fall

Posted on 25 August 2010

From Thefirstpost.co.uk: The mortgage market has continued its summer dip, with the number of home loans approved falling for the second month running, suggesting pressure on household finances and fears about job security.

There were just 33,698 mortgages approved for house purchases in July, down 877 from the previous month, said the British Bankers’ Association (BBA). The number represents a fall of about 25 per cent from the high of 45,415 home loans approved in December…………………………………….Full Article: Source

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