Mortgage approvals fell to their lowest level in two years in November.
Rising borrowing costs and the aftermath of the government’s mini-Budget appeared to put off prospective homeowners, according to borrowing data from the Bank of England.
The larger-than-expected fall in the number of new mortgages to 46,100 in November, down from 57,900 the previous month, was below economists’ estimates of about 55,000.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
