The number of UK mortgages approved for house purchase falls in July, according to new Bank of England data. A total of 56,053 mortgages are approved for house buying, the lowest level since January 2024.
The Independent reports the monthly approval figure declines compared with earlier levels, framing it as a sign of cooling demand or tighter access to credit. The Belfast Telegraph repeats the same core data point, indicating broad agreement on the headline movement in approvals. Other outlets may provide further interpretation, but the shared reporting emphasizes the drop to the weakest point in more than two years.
