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Bank of England · United KingdomBritish lenders approved the fewest mortgages for house purchase in 18 months in December, according to unexpectedly weak figures from the Bank of England on Friday that cast doubt on expectations of an early recovery in the housing market in 2026. The BoE said lenders approved 61,013 mortgages in December, the lowest since June 2024, below all forecasts in a Reuters poll of economists that had instead pointed to a small rise to 64,800. November's reading was revised down to 64,072 from the 64,530 first reported.See the Story
UK mortgage approvals fall to lowest since June 2024, BoE data shows
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