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September mortgage approvals rise in U.K

30th Oct 2006, 18:07 GMT

Mortgage approvals for housing in the U.K. rose to the highest level in two-and-a-half years in September, according to figures from Bank of England. The central bank said Monday approvals for home loans reached 126,000 in September, against 120,000 in August and the highest figure since February 2004.

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