U.K. Mortgage Approvals Unexpectedly Fell in January, BOE Says

U.K. Mortgage Approvals Unexpectedly Fell in January, BOE Says

Simon Dawson/Bloomberg

Pedestrians look at residential homes advertised in the window on an estate agent in the Putney district of London. While mortgage approvals have increased in recent months, they are still only about half the monthly average recorded in the decade to 2007, when the financial crisis struck.