UK mortgage approvals dip in January, consumer borrowing rises
Published on March 2, 2026.
The number of UK mortgage approvals for house purchase fell to 59,999 in January, down from 61,007 in December, according to the Bank of England. Consumer credit also grew at a faster rate, rising by 1.8 billion pounds ($2.41 billion), above the expected 1.9 billion pounds.
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