Mortgage lending at slowest in three years

Aug. 31, 2005
Mortgage lending rose at its slowest pace in three years last month. Net mortgage lending increased by £6.5 billion in July, the slowest increase since June 2002 and well below the average of £7.3 billion in the previous six months. But the number of new mortgage approvals which have been agreed but not yet paid out hit a year high …

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