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KM Financial Solutions | UPDATE 1-New UK mortgages fall to 3-year low after Bank of England rate hike
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UPDATE 1-New UK mortgages fall to 3-year low after Bank of England rate hike

29 Jan UPDATE 1-New UK mortgages fall to 3-year low after Bank of England rate hike

Posted at 12:24h in News by
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* Mortgage approvals weakest in nearly three years
* Consumer credit growth picks up a bit of speed
* Signs that BoE rate hike is cooling housing market
* Two surveys show improvement in consumer confidence

(Adds comments from economists, background)
By William Schomberg and David Milliken
LONDON, Jan 30 (Reuters) – Britain’s housing market lost
momentum last month as lenders approved the fewest mortgages in
nearly three years following the Bank of England’s first
inter

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