FX.co ★ UK Mortgage Lending Drops to -1.09 Billion Pounds in January 2024

In the United Kingdom, the latest data on mortgage lending for January 2024 shows a decrease as compared to the previous month. The indicator has dropped to -1.09 billion pounds, down from -0.83 billion pounds in December 2023. This decline indicates a decrease in mortgage activity during the first month of the year. The figures were updated on 29 February 2024, highlighting the recent development in the UK's housing market. It will be interesting to see how this trend unfolds in the coming months and its potential impact on the overall economy.