Mortgage Approvals Climb

Mortgage approvals in 2019 climbed 7.4% compared to the previous year according to the UK Finance figures, with December approvals up 24% compared to December 2018.

“This should feed through into to a very active first quarter of 2020 for home sales and completion,” predicted Mike Scott, analyst at estate agent Yopa.

“These figures provide further evidence for a post-election surge in housing market confidence and activity,” he added.

Information and image courtesy of BBC News