Mortgage boost supports house price boom - 2004-03-01
The Bank of England said advances were the second highest number on record at £25 billion, only marginally down on the record £25.69 billion set in November last year.
However, the value of mortgages approved was slightly weaker at £25.67 billion, £1.1 billion lower than the average for the three months to the end of December. And just 110,000 loans were approved during January for buying a house, compared with a recent average of 120,000.
Read the full story at itv.com