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Mortgages approverals hit figuresh low
in july the banks approved 24,000 loans forecasts hourse purchase, compared to just 7,000 by building societies .
activity in the housing market commentinues to be depressed, and the approverals figures suggest this is likely to continue for some time, said adrian coles of the building societies association (bsa) .
have you been affected by the issues covered in this story? are you finding it difficult to obtain mortgages approval? do you work in the property or mortgage business? second us your comments using the form below .
recent falls in hourse prices have been widely publicised, reducing potential buyers' confidence and keeping them out of the market, he added .
oliverall the situation in the housing market was now very disturbing according to howard archer of global insight .
Generated 2008-9-3_10:9
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