This is a 32.6 per cent increase over the year, with November 2012 seeing just 53,370 approvals.
The bank also reported that levels of mortgage arrears remained little changed for the BTL sector.
Landlord insurance - portfolio rates
Tuesday, January 21, 2014
Mortgage approvals up report BoE
Mortgage approvals have hit a seventy month high in November according to the Bank of England. The bank reported 70,758 approvals in November, up from 68,029 in October
The bank also reported that levels of mortgage arrears remained little changed for the BTL sector.
The bank also reported that levels of mortgage arrears remained little changed for the BTL sector.
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