Housing shortage: More approved mortgages than new houses for sale

There are more people approved for mortgages than there will be new houses for them to buy.

Housing shortage: More approved mortgages than new houses for sale
Fri, 05 May, 2017 - 08:59

There are more people approved for mortgages than there will be new houses for them to buy.

Around 20,000 first time buyers have been cleared for a mortgage this year - but only half of this number of new homes are for sale.

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