Mortgage lending December boost

Jan. 21, 2010
Gross mortgage lending rose 14% in December against the previous month, the Council of Mortgage Lenders said today. Lending reached an estimated £13.7 billion in the month, up from £12.1 billion in November. Lending totalled £39.1 billion in the fourth quarter of 2009, up slightly on the previous quarter, although CML says there is typically a 6% fall from quarter …

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