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UK mortgage approvals hit 19-month low, more weakness seen
<p><a href="http://news.yahoo.com/uk-banks-approve-fewest-mortgages-since-january-2015-083345745--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/HYFKUaVeq8GqPONHh0c3xA--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PTEzMA--/http://media.zenfs.com/en_us/News/Reuters/2016-09-26T161328Z_2_LYNXNPEC8P0HK_RTROPTP_2_BRITAIN-ECONOMY-HOUSE-PRICE.JPG" width="130" height="86" alt="A couple view properties for sale in an estate agents window in London" align="left" title="A couple view properties for sale in an estate agents window in London" border="0" /></a>Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertainty dampens demand next year. British banks approved 36,997 mortgages for house purchases last month, down from 37,672 in July and 21 percent lower than in August 2015, the British Bankers' Association said on Monday. The figures extended a slowdown which began at the start of this year ahead of the introduction of a new tax on homes bought by landlords in April and Britain's referendum decision to leave the European Union in June.</p><br clear="all"/>


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