home loan approvals rising again the number of mortgages approved in the uk has risen for the first time since may last year  according to lending figures from the bank of england.  new loans in december rose to 83 000  slightly higher than november s nine-year low of 77 000. mortgage lending rose by £7.1bn in december  up from a £6.4bn rise in november. the figures contradict a survey from the british bankers  association  which said approvals were at a five-year low.  analysts say the figures show the market may be stabilising but still point to further house price softness.  the modest rise in mortgage approvals and lending in december reinforces the impression that the housing market is currently slowing steadily rather than sharply   said global insight analyst howard archer  commenting on the boe s figures. the bba believes that the property market is continuing to cool down. changes to mortgage regulation may have artificially depressed figures in november  thus flattering the december figures  analysts said. in october last year  new rules came into force  which meant some lenders were forced to withdraw mortgage products temporarily in november and defer some lending until they had made sure they had complied with the rules properly. separately  the bank of england said that consumer credit rose by £1.5bn in december  more than the £1.4bn expected and above the £1.4bn reported in the previous month.