Remortgage approvals continued to rise in December, hitting a new eight-year high of 47,721.
The latest stats from the Bank of England have shown that approvals for remortgages continued to grow in December and reached a new 'post-crisis- high of 47,721 - beating November's 45,683 approvals, which was the highest total since October 2008.
According to the report, approvals remained in line with recent months for house purchase - 67,898. Total lending secured on dwellings rose by £3.8bn in December, the highest flow since March 2016.
