Lending up but market remains subdued

May 1, 2010
Gross mortgage lending rose 24% in March, according to figures from the Council of Mortgage Lenders. Lending climbed from £9.3 billion in February to £11.5 billion in March, CML found. But gross lending for the first quarter of 2010 was 24% down on the last quarter of 2009 and now stands at £29.5 billion. This is the lowest quarterly lending …

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