Mortgage approvals rise as rates continue to fall

The receding likelihood of a base rate rise in 2015 has a sparked a price war between banks and building societies The number of mortgages take out for house purchases and remortgages increased in February, figures from the Bank of England showed, as rates continued to fall and lenders got to grips with affordability rules. Related: Ignore the ‘experts’ and split your mortgage two ways Early …

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Mortgage approvals rise as rates continue to fall