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Home loan demand at two year high

Home loan demand at two year high

Category: Mortgages

Updated: 31/10/2008
First Published: 02/11/2006

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Mortgage approvals are running at their highest level for two years, according to official figures.

The Bank of England said that 126,000 mortgages were approved for home purchase in September - up 6,000 on the previous month.

The figure exceeds some analyst expectations and is yet another sign of the UK's buoyant housing market.

But, the numbers of people re-mortgaging their homes fell slightly between August and September.

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