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    <title>Flip News — mortgages news</title>
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    <description>The latest Flip News stories on mortgages.</description>
    <language>en-GB</language>
    <lastBuildDate>Tue, 29 Sep 2026 16:21:00 GMT</lastBuildDate>
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      <title>UK consumer lending grows at fastest pace since 1993 as mortgage approvals slump</title>
      <link>https://flipnews.co.uk/business/uk-consumer-lending-record-1993/</link>
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      <pubDate>Tue, 29 Sep 2026 12:00:00 GMT</pubDate>
      <description>Bank of England data for August shows net consumer borrowing up £2.464bn — the biggest rise since records began in 1993 — while mortgage approvals sank to their fewest since December 2023.</description>
      <author>Sarah Whitfield</author>
      <category>bank of england</category>
      <category>borrowing</category>
      <category>mortgages</category>
      <category>consumer credit</category>
      <category>housing</category>
      <category>economy</category>
      <source url="https://www.reuters.com/world/uk/uk-consumer-lending-rises-fastest-pace-since-1993-boe-says-2026-09-29/">Reuters</source>
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