Jump to content
House Price Crash Forum
Sign in to follow this  
rantnrave

Latest Prelim Mortgage Approvals

Recommended Posts

Nope it's up from 41k to 43k. The previous figure on FF is final approvals. They two are not comparable.

are you saying 46 was the first figure and 41 was the final, and now the 43 is the prelim....surely the final figure is likely to be down too, as banks will be aching to get their great news out as quick as possible?

not that approvals means sales...it means more SOLD/FOR SALE switching for the sign people.

Share this post


Link to post
Share on other sites

are you saying 46 was the first figure and 41 was the final, and now the 43 is the prelim....surely the final figure is likely to be down too, as banks will be aching to get their great news out as quick as possible?

not that approvals means sales...it means more SOLD/FOR SALE switching for the sign people.

Preliminary figures are from the five biggest lenders only. The final figure is from all UK lenders. So the first figure will always be lower. Obvioulsy you can't compare the total mortages approved to the figure for just five of the lenders. Although for some strange reason FF always put other as the previos figure.

Last month preliminary was 41k

Last month final was 44k although it looks to have been revised up to 46k at some point.

Share this post


Link to post
Share on other sites

Preliminary figures are from the five biggest lenders only. The final figure is from all UK lenders. So the first figure will always be lower. Obvioulsy you can't compare the total mortages approved to the figure for just five of the lenders. Although for some strange reason FF always put other as the previos figure.

Last month preliminary was 41k

Last month final was 44k although it looks to have been revised up to 46k at some point.

Much obliged

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.