U.K. June Mortgage Approvals Fall to Lowest Since January 2009

U.K. mortgage approvals fell to the lowest more than 3 1/2 years in June as an extra public holiday and wet weather created a drag on the market, the British Bankers Association said.

Mortgage approvals fell to 26,269, the lowest since January 2009, from 29,567 in May, the BBA said in an e-mailed statement today in London.

To contact the reporter on this story: Jennifer Ryan in London at jryan13@bloomberg.net

To contact the editor responsible for this story: Fergal O’Brien at fobrien@bloomberg.net

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