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New mortgage approvals fall in February

 The number of loan approvals for house purchase (47,094) was lower than the January figure (48,099) and below the previous six-month average (55,130). 

Approvals for remortgaging (27,297) were higher than in January and also higher than the previous six-month average, while approvals for other purposes (25,017) were higher than in January but still below the previous six-month average.

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