Trading Economics They say that several mortgage approvals for house purchases fell to 70,700 in March of 2022, down from 71,000 in February. It is below the 12-month pre-pandemic average up to February 2020 of 66,700 that the market was expecting. Approvals for remortgaging have risen steadily over the past month, reaching 48,800 in March; this is higher than the 12-month pre-pandemic average up to February 2020 of 49,500.
