Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

U.K. Mortgage Approvals Fall to Lowest in 10 Months, BBA Says

U.K. mortgage approvals fell in March to the lowest in 10 months after an increase earlier in the year before the end of a tax holiday on some home purchases, the British Bankers’ Association said.

Lenders granted 31,888 loans to buy homes, down from a revised 32,840 in February, the London-based lobby group said in an e-mailed report today. The average over the previous six months was 34,920.

The BBA said mortgage approvals have “dropped back to more normal trend levels after some increases earlier in the year as first-time buyers sought to buy before the stamp duty exemption ended in March.”

Gross mortgage lending was 8.3 billion pounds ($13.4 billion) in March, 6.1 percent higher than the same month a year earlier. Capital repayment by households “remains at a high level,” it said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.