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UK: Mortgage Approvals increase more than expected in November

By FXstreet.com,  January 04, 2013, 04:47:00 AM EDT

FXstreet.com (Barcelona) - UK Mortgage Approvals rose to 54.036K in November, following 53.071K registered the previous month, according to the BoE report published today. The result is higher than forecasts of an increase to 53.800K.

Consumer Credit rose to £0.1B in November from £-0.3 in October and above market consensus of £-0.1B.

Net Lending to Individuals grew in November to £-0.1B from £-0.2B in October and below analysts expectations of a rise to £0.4B.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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