The Bank of England announced that UK central bank mortgage approvals for February reached 62,600, surpassing the market expectation of 60,000. The previous figure was revised upward to 60,200.The net increase in UK mortgage lending balance for February was GBP4.8 billion, exceeding the market expectation of a net increase of GBP3.9 billion. The previous figure was revised upward to a net increase of GBP4.2 billion. (da/u)
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