Mortgage approvals in fresh climb

%VIRTUAL-SkimlinksPromo%

Mortgage approvals to home buyers climbed to a three-month high in April amid further signs that activity is gathering pace, high street banks have reported.

But the British Bankers' Association (BBA) said that despite the upturn in the housing market, low consumer confidence generally means that people still lack the appetite to take on new borrowing and are making determined efforts to shore up their savings.