UK Mortgage Approvals Update

Mortgage approvals are running at their highest level for two years, according to official figures.

The Bank of England said that 126,000 mortgages were approved for home purchase in September - up 6,000 on the previous month.

The figure exceeds some analyst expectations and is yet another sign of the UK's buoyant housing market.

Maybe it's time to review your current mortgage arrangement as remortgaging now might save you money and enable you to release the equity that perhaps you did not know you had.

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