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    31.03.2016 09:21 Number of mortgages approvals in the U.K. declines to 73,871 in February

    The Bank of England (BoE) released its number of mortgages approvals for the U.K. on Thursday. The number of mortgages approvals in the U.K. was down to 73,871 in February from 74,085 in January, beating expectations for a decrease to 73,500. January's figure was revised down from 74,581.

     

    Consumer credit in the U.K. rose by £1.287 billion in February, missing expectations for an £1.400 billion increase, after a £1.607 billion gain in January. January's figure was revised up from £1.564 billion.

     

    Net lending to individuals in the U.K. increased by £4.9 billion in February, missing expectations for a £5.1 billion rise, after a £5.4 billion gain in January. January's figure was revised up from a £5.3 rise.


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