Mortgage approvals at 15-month high | Money | guardian.co.uk
The number of successful mortgage applications reached its highest level for 15 months in August with new landlords boosting the market, figures from the British Bankers' Association show.
Mortgages approved for buying properties rose to 35,226 in August, up from 33,734 in July and 31,542 six months earlier. It is the fourth month in a row that approvals have risen, and the highest figure since May 2010. The number of remortgage approvals in August was also higher than in July and 10% higher than in August 2010.
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