UK June mortgage approvals 59.98k vs 60.40k expected

• Prior 59.99k; revised to 60.13k
• Net consumer credit £1.2 billion
• Prior £1.5 billion

On net, UK individuals borrowed £2.7 billion of mortgage debt in June. Meanwhile, the annual growth rate for net mortgage lending rose to 0.5% in June – keeping the positive trend in the last few months.

This article was written by Justin Low at www.forexlive.com.