Over 100,000 sales have taken place each month to date in 2022, according to the Bank of England; a feat achieved only twice in the last fifteen years (2014 and 2017). While demand remains higher than pre-pandemic times, mortgage approvals–considered a forerunner for demand–have eased back in recent months. The Bank of England reports that 63,770 mortgages were approved in July, a 5% fall on the...
