The mortgage market continued its summer slide with a fall in the number of new home loans approved by High Street banks.
There were 33,698 mortgages approved for house purchases in July, down by 877 from the previous month, the British Bankers Association said.
This was the second monthly fall in a row, and compared with the high of 45,415 home loan approvals in December.
Consumer credit, especially personal loans, has also stagnated in 2010.
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