UK House Prices Drop At Fastest Pace Since 2009; Mortgage Approvals Plunge

UK house prices declined the most since 2009 as the impact of the coronavirus pandemic filtered through the property market in May, data from the Nationwide Building Society showed Tuesday. Elsewhere, data from the Bank of England showed that households repaid the highest amount of consumer credit on record in April and mortgage approvals plunged to a historic low as government restrictions to cuOriginal Article