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Housing market ‘urgently needs stimulus’ as BoE reveals 14.9% fall in mortgage approvals
30 June 2026
The latest Money and Credit report from the Bank of England reveals a 14.9% drop in net mortgage approvals for house purchases, down to 56,205 in May from 66,034 in April. This was below the average of 63,300 over the previous six months, and the lowest since December 2023, when approvals fell to 52,600. Approvals are down by 10.8% when
Housing market ‘urgently needs stimulus’ as BoE reveals 14.9% fall in mortgage approvals
30 June 2026
The latest Money and Credit report from the Bank of England reveals a 14.9% drop in net mortgage approvals for house purchases, down to 56,205 in May from 66,034 in April. This was below the average of 63,300 over the previous six months, and the lowest since December 2023, when approvals fell to 52,600. Approvals are down by 10.8% when
FCA introduces landmark crypto standards
30 June 2026
Conveyancers continue to bear brunt of AML penalties
29 June 2026
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