SShortSingh.
TopTechnologyAI & MLStartupsProgrammingScienceBusinessFinanceCrypto & Web3World
Back to feed
India

UK Mortgage Approvals Hit 18-Month Low as Borrowing Costs Weigh on Demand

0
·2 views

UK mortgage approvals for home purchases dropped to their lowest point since January 2024 in July, reflecting weakening demand in the housing market. Rising borrowing costs have been identified as a key factor behind the decline. Net mortgage borrowing also fell sharply, dipping below its six-month average. Although house prices recorded modest annual growth, they declined in real terms once inflation was factored in. In contrast, unsecured consumer borrowing increased, suggesting households are relying more heavily on credit for day-to-day expenses.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaTimes of India ·

Woman Found Strangled at Home, Husband Flees; Police Launch Manhunt

A young woman was discovered dead in her rented residence, with strangulation suspected as the cause of death. Her husband, Yash Thakur, is the prime suspect, as he allegedly had a history of assaulting her. Authorities were first alerted to a domestic dispute between the couple on August 31. Thakur allegedly locked the room before fleeing the scene following the incident. Police teams are currently conducting a manhunt to apprehend the absconding suspect.

0 comments Read more at Times of India
0
IndiaNDTV ·

Government Warns Adult Content Apps Being Used to Drain Bank Accounts

India's Indian Cybercrime Coordination Centre (I4C) has issued an advisory warning citizens about a growing cyber fraud involving adult content platforms. Fraudsters are luring users through social media advertisements that redirect them to websites hosting adult material. These platforms are reportedly being used as a gateway to compromise victims' financial and personal data. The advisory urges the public to avoid clicking on such ads and to remain cautious while browsing online.

0 comments Read more at NDTV
0
IndiaNDTV ·

Men Caught on Video Looting Flat Screens from TMC's Kolkata Office

A video has surfaced showing men walking out of the Trinamool Congress office in Kolkata carrying flat-screen monitors and other items. The footage also shows the floor of a room inside the office strewn with broken objects, suggesting prior vandalism. The incident appears to involve multiple individuals brazenly removing equipment from the premises. The circumstances surrounding the looting, including when exactly it occurred and who was responsible, have not been fully clarified.

0 comments Read more at NDTV