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Mortgage approvals at the lowest for five years

In December, UK banks approved just 36,115 mortgages - the lowest since April 2013

The number of people taking out mortgages fell to its lowest level for 19 months in August, according to Britain's High Street banks

The number of mortgages being approved by banks and building societies is at its lowest for a year and a half, according to Bank of England figures

UK mortgage lending for new homes rises by 20% in November, and consumers borrow more on credit cards ahead of Christmas.

There was a "significant pre-election jump" in the number of mortgage applications being approved, according to the High Street banks.

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