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See the original image at simplyfinance.co.uk —

UK Mortgage Approval Numbers in a Decline

simplyfinance.co.uk — British Bankers Association reported that home loan approvals declined from 34,752 in April to 27,968 in May. This May's number is 56.1% lower than the same time last year, and it's the lowest number of mortgage approvals since 1997, when the BBA started recording data on the topic.

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