20/03/2011 00:00 AST

UK banks approved a total of 43,000 mortgages for house purchases in February, which was the highest figure since November last year, data from Bank of England showed Friday.

In January, the number of loans approved was 41,000. The central bank said that net lending fell to GBP 0.5 billion from GBP 1.2 billion in January.

During the month, remortgaging fell to GBP 3.9 billion from GBP 4.1 billion in the preceding month.


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