UK April mortgage approvals 61.14k vs 61.50k expected ...Middle East

Prior 61.33k; revised to 61.26kNet consumer credit £0.7 billionPrior £1.6 billion; revised to £1.4 billionOn net, individuals borrowed £2.4 billion of mortgage debt in April, compared to £0.5 billion in March. Of note, it is the first time that the annual growth rate (+0.2%) for net mortgage lending rose on the month since October 2022. It was down to a series low of -0.1% in March previously. This article was written by Justin Low at www.forexlive.com.

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