Biggest increase in mortgage approvals in London

The number of mortgage approvals in June rose by 6.7%, new figures have revealed. According to e.surv's Mortgage Monitor, purchase mortgages increased because lenders were keen to meet half year targets. The biggest increase in mortgage approvals was in London where the number of mortgage applications getting the go-ahead shot up by 12.3% on the previous month. In the whole of the South East mortgage approvals rose by just under 7%.