September 2016 saw a three-month high in UK mortgages for house purchases, following a decrease during the summer. Activity was lower than at the start of the year, when a scheduled change in stamp duty hurried the market between January and March. One estate agent called the figures a welcome bounce back, while an economist believed the market to be stabilising after the Brexit vote. Future prospects would be helped by positive trends in employment and earnings growth, while challenged by rising inflation.
Mortgage approvals hit three-month high, says Bank of England – The Guardian