Details from the September 2016 UK mortgage approvals and BOE consumer credit report 31 October 2016
– Net mortgage lending 3.248bn vs 3.000bn exp. Prior 2.934bn. Revised to 3.072bn
Much like the BBA report last week, we’ve seen a decent jump in mortgage approvals, as well as a jump in mortgage lending amounts. Consumer credit came in lower but was revised much higher last month.