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issue 135   year 2018 Decreasing trend for approved mortgages in UK According to statistics from UK Finance 37,567 mortgages for house purchases in the UK were approved in March (-1% compared to previous month, -10% compared to 2017). During the previous six months (September to February) an average of 39,151 mortgages were approved. That makes the March figure 4% below the average. A total of 115,648 mortgages were approved during January-March (-10% compared to 2017). The trend line for the approved mortgages has decreased in the past year. Seasonally adjusted figures. The average house sales price was £194,300 in March, which represents an increase of 2.3% compared to February (£189,900). The statistics refer to purchases of houses, not mortgage refinancing. The statistics are from UK banks which account for about 2/3 of the market. Expand your knowledge about the market in the charts portal at www.woodstat.com/Charts There you will find many of the charts found in the newsletters and many more. Have you forgotten your login information? Get reminded here! Market News in its entirety or part of its content, is intended solely for the recipient and may not be distributed without the written consent of Woodstat.   In no circumstances shall Woodstat be liable for any economic loss of any kind arising from decisions based on the information we are providing. View complete General Terms and Conditions  View source list     Woodstat AB Bandyvägen 8 SE-175 45 Järfälla If you would like to change your subscription or have any questions regarding use of the content in this Market News, please contact us. Click here to start your free trial.   © 2023