Mortgage approvals edge higher

AOL Money Staff
Estate agent
Estate agent

Danny Lawson/PA Wire/Press Association Images

Mortgage approvals edged higher in August, the Bank of England has said, although experts warned the housing market was still finding it hard to sail out of the doldrums.

The number of approvals for house purchase in August increased by 109 to 47,665 from 47,556 in July and an 18-month low of 44,252 in June, the Bank said.%VIRTUAL-SkimlinksPromo%