Some believe that 2010 could actually see a reduction in the number of mortgage approvals resulting from the recent coalition government budget.

With a mass reduction in public spending, expected rises in unemployment coupled with general global economic uncertainty it's possible that the number of mortgage approvals could fall further than they have already,

This could spell disaster for the recovery which was understood to be well underway during the earlier part of 2010. Any further jolts could set the UK into a depression.

If you're interested to know more about mortgage approvals, mortgage interest rates and the options open to you please get in touch.