Mortgage Approvals up in 3.2% in August

UK Finance reports that mortgage approvals remained strong in August 2019 with annual increases across
both purchase and remortgage figures.

In total there were 85,931 mortgages approved by the main high street banks in August 2019.The data shows that mortgage approvals for home purchases were 3.2% higher and remortgage approvals were 0.1% higher than in August 2018.