UK June mortgage approvals 81.3k vs 86.1k expected

Latest data released by the BOE – 29 July 2021

  • Prior 87.5k; revised to 86.9k
  • Consumer credit £0.3 billion
  • Prior £0.3 billion; revised to £0.4 billion

Slight delay in the release by the source. Net mortgage borrowing hit a record £17.9 billion in June, as overall activity continues to be driven by borrowing ahead of the stamp duty holiday expiration at the end of the month at the time.

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