UK Mortgage Approvals and Consumer Credit Data for September
September mortgage approvals reached 65.65k, exceeding the expected 65.00k.
Prior approvals were revised from 64.86k to 64.96k.
Net consumer credit for September was £1.2 billion, slightly below the expected £1.3 billion.
Individual mortgage debt fell by £0.3 billion, totaling £2.5 billion in September.
Annual consumer credit growth decreased to 7.5%, down from 7.7% in August.
