Mortgage approvals more than double

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Mortgage approvals more than double
LONDON (Reuters) – The number of home purchase loans approved by banks in November more than doubled compared with a year ago, while net mortgage lending rose at its fastest pace since February, data showed on Wednesday.

Homeowners pay down mortgage debt
LONDON (Reuters) – Britons put nearly 5 billion pounds of equity into their homes in the third quarter of the year as record low interest rates encouraged homeowners to pay down debt.

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