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The British Bankers Association (BBA) reveals a further fall in the number of new mortgages approved in September

According to the BBA, Mortgage approvals have dipped to a 18 month low and mortgage lending has fallen to it’s lowest level in 10 years.
These figures suggest that the mortgage market will continue to suffer over the next few months. Looking forward The forthcoming Government’s Spending review may put a further negative twist on the market.

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