The number of mortgages being approved by High Street banks has fallen for the third month running.
In April, the number of new loans being approved fell to 42,173, from 45,045 in March, according to the British Bankers’ Association (BBA).
The figures peaked in January, when more than 48,000 loans were approved.
However gross mortgage lending – the total amount of money lent out to home-owners – rose to £12.2bn in April, the highest since August 2008.
“Our figures show that the housing market is mixed,” said Richard Woolhouse, the BBA’s chief economist.
“The value of mortgages taken out in April was the highest for six years. However, looking ahead, mortgage approvals have fallen three months in a row,” he said.
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