Net borrowing of mortgage debt by individuals increased to £6.2 billion in March, from £5.2 billion in February, above the previous 6-month average of £4.9 billion. Net mortgage approvals for house purchases increased to 63,500 in March from 62,700 in February, above an average of around 63,200 over the previous 6 months. Approvals for remortgaging increased to 51,300 in March, from 41,200 in February. Net borrowing of consumer credit by individuals slightly decreased to £1.9 billion in March from £2.0 billion in February, slightly above the previous 6-month average of £1.8 billion. Within this, net borrowing through ... (full story)