Highest number of mortgage approvals since August 2022
Manchester Evening News|October 30, 2024
THE housing market's recovery continued in September, as consumers felt the benefit of rising real incomes and lower mortgage rates.
CHRIS DORRELL
Highest number of mortgage approvals since August 2022

New figures from the Bank of England showed that 65,600 new mortgages were approved in September, the highest figure since August 2022.

Mortgage approvals are an indicator of future borrowing. The data also showed that approvals for remortgaging, which only captures deals with new lenders, increased by 3,100 in September.

The rise in September continues the positive trend for the housing market so far this year, on the back of an improving economy.

Thomas Pugh, an economist at the financial consultancy RSM UK, said: "All the factors which are contributing to the broader economic recovery are also positive for the housing market."

هذه القصة مأخوذة من طبعة October 30, 2024 من Manchester Evening News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 30, 2024 من Manchester Evening News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MANCHESTER EVENING NEWS مشاهدة الكل
'Incredible drive to SUCCEED'
Manchester Evening News

'Incredible drive to SUCCEED'

AMORIM BACKED TO REVIVE UNITED'S FORTUNES

time-read
4 mins  |
November 22, 2024
Spurred on by fitness BOOSTS
Manchester Evening News

Spurred on by fitness BOOSTS

CITY SQUAD SET TO GET STRONGER

time-read
1 min  |
November 22, 2024
Sporting braced for Quenda pursuit
Manchester Evening News

Sporting braced for Quenda pursuit

UNITED EXPECTED TO MAKE MOVE FOR WINGER

time-read
2 mins  |
November 22, 2024
Olympic champ Brownlee retires
Manchester Evening News

Olympic champ Brownlee retires

DOUBLE Olympic triathlon champion Alistair Brownlee has announced his retirement.

time-read
2 mins  |
November 22, 2024
'Bigger and better' Blast as Lightning host Rapids first
Manchester Evening News

'Bigger and better' Blast as Lightning host Rapids first

ALL 18 first-class counties will host at least one men's and women's double-header in a \"bigger and better\" Vitality Blast in 2025 Lancashire Lightning hosting Worcestershire Rapids at Old Trafford in the men's tournament.

time-read
2 mins  |
November 22, 2024
Tributes to Prescott, a 'true giant of Labour'
Manchester Evening News

Tributes to Prescott, a 'true giant of Labour'

FORMER deputy prime minister John Prescott has died aged 86 following a battle with Alzheimer's, with Sir Tony Blair leading tributes to him as a \"committed and loyal\" public servant.

time-read
2 mins  |
November 22, 2024
'Brit missiles downed'
Manchester Evening News

'Brit missiles downed'

RUSSIA'S air defence systems have shot down two British-made Storm Shadow missiles, officials said.

time-read
2 mins  |
November 22, 2024
Council concern at lack of affordable housing
Manchester Evening News

Council concern at lack of affordable housing

ISSUE NOW SERIOUS\" IN BOROUGH

time-read
1 min  |
November 22, 2024
'She'd move heaven and earth if you needed her'
Manchester Evening News

'She'd move heaven and earth if you needed her'

GRIEVING FAMILY'S TRIUBUTE AFTER SUDDEN DEATH OF 'LOVING, CARING' MICHELLE, 44

time-read
1 min  |
November 22, 2024
'Loving' teen's river death was tragic accident
Manchester Evening News

'Loving' teen's river death was tragic accident

AUTISTIC YOUNGSTER HAD NO REGARD’ FOR RISKS, SAYS CORONER

time-read
2 mins  |
November 22, 2024