UK January mortgage approvals 39.64k vs 38.00k expected | Forexlive

• Prior 35.61k; revised to 40.54k
• Net consumer credit £1.6 billion vs £0.8 billion expected
• Prior £0.5 billion; revised to £0.8 billion

Net mortgage lending to individuals decreased from £3.1 billion to £2.5 billion in January with mortgage approvals declining for a fifth month running. On net, consumers borrowed an additional £1.6 billion in consumer credit with the annual growth rate for all consumer credit increasing to 7.5% in January from 7.2% in December: