Despite the best attempts by the politicians and media to talk the UK economy into a slump, the mortgage market has refused to lay down and die.
The Bank of England reports that mortgage approvals for house purchases rose in September, for the first time in over a year.
Mortgage approvals rose to 33,000 in September, up from a record low in August of 32,000.
Net mortgage lending rose by £2.2BN in September, in August it fell by £691M.
Notwithstanding the faint signs of a heartbeat in the mortgage market, the pressure is still on the Bank of England to stop dithering and cut rates.