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    01.02.2016 10:46 Number of mortgages approvals in the U.K. rises to 70,837 in December

    The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Monday. The number of mortgages approvals in the U.K. was up to 70,837 in December from 70,424 in November, exceeding expectations for a decrease to 69,600. November's figure was revised up from 70,410.

     

    Consumer credit in the U.K. rose by £1.169 billion in December, missing expectations for an £1.300 billion increase, after a £1.479 billion gain in November. November's figure was revised down from £1.476 billion.

     

    Net lending to individuals in the U.K. increased by £4.4 billion in December, after a £5.3 billion gain in November.


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