Property loans in the UK still declining with a subdued outlook unlikely to change, according to ind

[Nicholas Wallwork]

Property loan approvals fell in February, the third monthly decline in a row marking a continued*slow start to the year in the UK real estate market, according to the latest figures.

The number of mortgages approved for house purchases dipped by just over 1,000 to 47,094, the*figures from the Bank of England show. This comes on top of a sharp drop the previous month when*the end of the stamp duty holiday hit the market.

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