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."
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Darts world stunned by the death of Cornish
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Argyle's away day woes continue with another heavy hammering
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Root salutes his mentor Thorpe
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Record number of drones target Ukraine - report
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Woman unable to speak after falling ill on bus
'SO GRATEFUL' TO THOSE WHO HELPED HER
