UK Mortgage Approvals Rise in June Despite Higher Borrowing Costs

Net mortgage approvals for house purchases in the UK, a key indicator of future borrowing, rose to 58,200 in June 2026 from a revised 56,600 in May, exceeding market expectations of 57,100.Despite the increase, approvals remained near two-year lows and below the previous six-month average of around…

​  Net mortgage approvals for house purchases in the UK, a key indicator of future borrowing, rose to 58,200 in June 2026 from a revised 56,600 in May, exceeding market expectations of 57,100.Despite the increase, approvals remained near two-year lows and below the previous six-month average of around…  

​

Net mortgage approvals for house purchases in the UK, a key indicator of future borrowing, rose to 58,200 in June 2026 from a revised 56,600 in May, exceeding market expectations of 57,100.Despite the increase, approvals remained near two-year lows and below the previous six-month average of around…