UK mortgage approvals fall to series low in
| UK mortgage approvals fall to series low in July - Guardian Unlimited LONDON, Sept 1 (Reuters) - British mortgage approvals fell for the 12th consecutive month to hit a series low in July, the Bank of England said on Monday, pointing to further sharp falls in house prices in the coming months. The BoE said approvals Source: www.guardian.co.uk U.K. Mortgage Approvals Drop, Manufacturing Contracts (Update1) - Bloomberg Sept. 1 (Bloomberg) -- U.K. mortgage approvals dropped to the lowest since at least 1999 and compare mortgage manufacturing contracted for a fourth month as the economy staggered toward a recession. Banks granted 33,000 loans for house purchases in July, the fewest Source: www.bloomberg.com Mortgage approvals hit fresh low - BBC News The number of new mortgages approved for home buyers fell in July to just 33,000 - down by 71% on a year ago. The figures from the Bank of England are a new record low and compare mortgage highlight the sharp slump in mortgage lending in the course of the past year Source: www.bbc.co.uk As classes resume, a portrait of economic hardship emerges - Herald Tribune With mortgage foreclosures throwing hundreds of families out of their homes here each month, dismayed school officials say they are feeling the upheaval: Record numbers of students turning up for classes this fall are homeless or poor enough to Source: www.heraldtribune.com |