UK lenders approve more mortgages than expected in October

LONDON, Dec 1 (Reuters) – British mortgage approvals rose by more than expected in October and consumer credit grew at a slower pace than in September, Bank of England data showed on Monday. The BoE said 65,018 mortgages were approved in October, down from 65,647 in September. Economists polled by Reuters had pointed to 64,200 approvals during the month. The BoE’s data also showed consumers

​  LONDON, Dec 1 (Reuters) – British mortgage approvals rose by more than expected in October and consumer credit grew at a slower pace than in September, Bank of England data showed on Monday. The BoE said 65,018 mortgages were approved in October, down from 65,647 in September. Economists polled by Reuters had pointed to 64,200 approvals during the month. The BoE’s data also showed consumers  

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LONDON, Dec 1 (Reuters) – British mortgage approvals rose by more than expected in October and consumer credit grew at a slower pace than in September, Bank of England data showed on Monday. The BoE said 65,018 mortgages were approved in October, down from 65,647 in September. Economists polled by Reuters had pointed to 64,200 approvals during the month. The BoE’s data also showed consumers