House approvals fall to three-year low

30 January 2018

“A decent end to 2017 was confirmed in December’s lending figures from the Bank of England this morning. Whether this has any bearing on the outlook for the market for 2018 is debatable though. 

"We are moving into what, traditionally, is a busy time for property sales so the coming months are likely to show an improvement on December. However, as the general trend was of a slowing market towards the end of the year, compared to 2016, the next couple of months could show more subdued results than the beginning of last year.”

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