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MORTGAGE APPROVALS AT 2 YEAR HIGH IN JANUARY

UK mortgage approvals hit a two-year high in January, Bank of England figures show, suggesting property sales could rise in the coming months. In January the number of new mortgages approved for house buyers, but not yet lent, rose by 7% to 58,728. That was the highest monthly...

HOME SALES HIGHEST IN JANUARY SINCE 2008

Home sales recorded their typical new year dip, but transactions in the first month of the year were higher than any January since 2008, figures show. There were 64,000 UK property sales during the month, down from 86,000 in December, according to HM Revenue and Customs (HMRC...

MORTGAGE LENDING UP ON A YEAR AGO.

UK mortgage lending picked up in January compared with the same month a year earlier, lenders' figures show. However, the usual seasonal fall meant lending was down on December, the Council of Mortgage Lenders (CML) said. Gross mortgage lending stood at £10.5bn in January...

Home sales expected to increase

Surveyors expect sales of homes in England and Wales to rise in the final weeks of a stamp duty holiday. Sales expectations for the next three months were at their highest level since May 2010, the Royal Institution of Chartered Surveyors' (Rics) said. The 1% stamp duty rate...

UK HOUSE PRICES RISE BY 0.6% IN JANUARY

UK house prices increased by 0.6% in January, according to the latest survey from the Halifax. The change means that the average cost of a house was £160,907 last month, the bank said. House prices are 1.8% lower than a year ago, according to the Halifax's measure. The...