Number of mortgage approvals nearly doubled in April compared to same month last year

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4,362 mortgages were approved in April this year.

Image: Shutterstock/Brian A Jackson Image: Shutterstock/Brian A Jackson THE NUMBER OF mortgages approved in April 2021 was almost double the amount of approvals in the same month last year, new figures show.

First-time buyers accounted for more than half of the total approved mortgages that month and mover purchasers accounted for 23% .The number of mortgages approved in April is a slight increase on the amount approved in March this year when 4,324 mortgages were signed off. Brian Hayes, the chief executive of the BPFI, said “there has been a doubling of activity across most mortgage categories during April 2021″.

 

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