Mortgage Approvals at 7-Month High

mortgage

Mortgage approvals are now at the highest rate since March according to the Bank of England. The latest figures show 67,518 home loans were given the go-ahead in October, up from 63,594 in September and the highest number since March. How are the FT reporting the good news?

“The number of mortgages approved in October remained steady despite post Brexit-vote concerns about the strength of the UK economy.”

And what about Bloomberg?

“The pound rose amid mounting evidence the U.K. economy is weathering the fallout from Brexit better than analysts expected. Sterling climbed for the first time in three days against the euro as a report showed mortgage approvals reached the highest since March last month, indicating the housing market remains robust following the June vote to leave the European Union.”

Brexit Britain’s economy – safe as houses.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Nick Robinson on BBC’s lack of Brexit balance…

“Enough! Leave it out. Remain calm, the referendum is over. The duty we broadcasters had to ‘broadly balance’ the views of the two sides is at an end. Why? Because there are no longer two sides, two campaigns, two rival sets of spokespeople reading out those focus-grouped slogans.

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Sunday Shows Sunday Shows
Appeal on Behalf of the Friends of George Miller Appeal on Behalf of the Friends of George Miller
Public Still Not Sure What Labour and Lib Dems Believe on Brexit Public Still Not Sure What Labour and Lib Dems Believe on Brexit
Triggered: Article 50 Triggered: Article 50
“St Patrick was an Immigrant” “St Patrick was an Immigrant”
FLASHBACK: Labour Election Fraud FLASHBACK: Labour Election Fraud
FLASHBACK: LibDem Election Fraud FLASHBACK: LibDem Election Fraud
Pictured: Hammond’s Red Box Pictured: Hammond’s Red Box
Major and Cameron Lunched Yesterday Major and Cameron Lunched Yesterday
Bloomberg Thinks Bankers Bluffing About Brexodus Bloomberg Thinks Bankers Bluffing About Brexodus
Amazon Outage Amazon Outage
Experts Wrong About Polar Bears Too Experts Wrong About Polar Bears Too
Oscars: What Happened in Slow-Motion Oscars: What Happened in Slow-Motion
Arron Banks’ Hostile UKIP Take-Over Arron Banks’ Hostile UKIP Take-Over
Well Done Our SNPs Well Done Our SNPs
Electoral Commission Investigating Everybody Electoral Commission Investigating Everybody
Guido’s Guide to By-Election Scenarios Guido’s Guide to By-Election Scenarios
Milo 12 Things Milo 12 Things
Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release
Amazing Robot Warehouses Amazing Robot Warehouses