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September Mortgage Approvals Hit Highest Level Since February 2008


Ron Burgundy
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A terraced row of houses is pictured in front of a residential tower block in LondonLONDON (Reuters) - British lenders approved the highest number of mortgages since February 2008 last month, in a further sign that the property market was gathering steam even before the government launched a scheme to aid home-buyers. The Bank of England said mortgage approvals for house purchase numbered 66,735 in September, rising from an upwardly revised 63,396 in August. Analysts had forecast a reading of 66,000. ...




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