Cold weather hits mortgage market

Press Association
Updated


Efforts to boost lending suffered a setback last month after new figures showed mortgage approvals for home-buyers fell for the first time in six months.

The number of approvals for house purchase dropped 14% on the previous year to 32,288 in January, with the bad weather among reasons for the weaker demand, the British Bankers' Association (BBA) revealed.%VIRTUAL-SkimlinksPromo%

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