Bank of England could be more likely to leave interest rates on hold amid property upturn
The number of mortgages approved by Britain’s high street banks jumped to the highest level for almost five years in December, in the latest sign of a revival in the housing market.
Mortgage approvals for house purchases increased to 46,815 in December compared with 44,058 a month earlier, according to UK Finance – hitting the highest level since April 2015.
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