Figures produced by the British Bankers´ Association recorded a 27% increase in mortgage approvals last month. November saw 17,339 approvals, whilst December saw 22,051.
Could this be a sign that we are at a turning point?
A little to early for such a bold statement, however this is hugely positive.
Lets hope banks start increasing their lending book, for both homeowners and SME´s (small/medium enterprises).
Tuesday, January 27, 2009
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