The British Bankers’ Association (BBA) has said mortgage approvals are up 57% on the previous year and the highest since September 2007.
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The British Bankers’ Association (BBA) has said mortgage approvals are up 57% on the previous year and the highest since September 2007.
The Bank of England has warned homeowners could be hit hard as interest rates increase mortgage repayments.
Property prices are up by 3.5% according to Nationwide as mortgage lenders offer more competitive loans.