Which? Mortgage Advisers response to Bank of England mortgage approval figures

Mike Lawton, managing director of Which? Mortgage Advisers, said:

“The decline in approvals in February proves that the housing market isn’t quite the runaway train some are describing and that things are still tough out there for those trying to arrange a mortgage.

“This may well just be a temporary blip as the economy continues to recover, but consumers experiencing difficulty in finding the right mortgage may find it worthwhile seeking independent advice.”