Mortgage approvals on the increase

Press Association
stacks of coins  green and red...
stacks of coins green and red...

The number of mortgage approvals made to home buyers surged to its highest levels in nearly six years, the Bank of England has reported.

Some 70,758 loans worth £11.1 billion were approved for house purchase in November, marking the highest total seen since 72,004 loans were given the green light in January 2008.

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