Mortgage approvals collapse to early Covid-19 crisis levels after mini-budget chaos

Mortgage approvals collapse to early Covid-19 crisis levels after mini-budget chaos

City A.M.

Published

Mortgage approvals in the UK have skidded to their lowest level since the early days of the Covid-19 crisis, pushed down by prospective buyers retreating after Liz Truss’s botched mini-budget sent interest rates flying, official figures out today show. The number of mortgage approvals tumbled a fifth over the month to November to their lowest [...]

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