UK lenders approve more mortgages than expected in May

British lenders approved 63,032 mortgages in May, more than expected by economists, Bank of England data showed on Monday, suggesting the housing market recovered quickly from the end of a tax break for homebuyers in April.

​  British lenders approved 63,032 mortgages in May, more than expected by economists, Bank of England data showed on Monday, suggesting the housing market recovered quickly from the end of a tax break for homebuyers in April.  

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British lenders approved 63,032 mortgages in May, more than expected by economists, Bank of England data showed on Monday, suggesting the housing market recovered quickly from the end of a tax break for homebuyers in April.