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Home Loan Approvals Slump By Nearly -30 Per Cent July 1st, 2008 admin Posted in Home Loans | No Comments » The picture on the mortgage market front continued to worsen in May as loans for house purchase registered their lowest figure of 42,000. This marked a fall of -28 per cent from the previous month’s 58,000 approvals in addition to being well below the six-month average of 70,000. Overall, mortgage approvals suffered a -14 per cent slump across the board as the Bank of England recor

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