UK August Bank Mortgage Approvals: Economic Growth Momentum Strengthens
On September 1, 2025, the Bank of England released mortgage approval data for August. The reported figure was 65,400 approvals, with no forecast available; the previous value was also 65,400.This data reflects underlying growth momentum in the UK housing market and serves as an indicator of future economic trends. An increase in the number of mortgage applications and approvals typically signals strengthening economic momentum. Consequently, this metric holds significant importance for both the real estate sector and overall economic development.The data carries an importance rating of 3. It measures the number of new mortgages approved for home purchases within the month. The release frequency is monthly, with the next publication scheduled for October 29, 2025.
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