Mortgage approvals jump to 15-month high despite Iran war chaos

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Mortgage approvals made a surprise jump to a 15-month high in April, despite continued signs that the economic chaos caused by the Iran war is shaking confidence in the property market.

Net mortgage approvals jumped three per cent to 65,900 in April, above the six-month average of around 63,100, according to Bank of England data. https://www.cityam.com/mortgage-approvals-jump-to-15-month-high-despite-iran-war-chaos/">[...]