Bank of England data shows rise in mortgage approvals in April, the first monthly increase since November Rishi Sunak's six-month extension of the government's stamp duty holiday prompted a fresh surge in demand for home loans, according to the latest figures from the Bank of England. Threadneedle Street data showed that in April - the month after the chancellor's budget announcement - the number of mortgage approvals climbed from 83,400 to 86,900, the first monthly increase since November.
Bank of England data shows rise in mortgage approvals in April, the first monthly increase since November Rishi Sunak's six-month extension of the government's stamp duty holiday prompted a fresh surge in demand for home loans, according to the latest figures from the Bank of England. Threadneedle Street data showed that in April - the month after the chancellor's budget announcement - the number of mortgage approvals climbed from 83,400 to 86,900, the first monthly increase since November.
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