Mortgage lending rises

March 30, 2005
The British Bankers’ Association (BBA) has said that gross mortgage lending rose to £11.9 billion in February, 3% up on January. The number of new mortgage approvals also rose by 22% between January and February to 158,391. David Dooks, director of statistics at BBA, said: “The declining trend seen during 2004 may be bottoming out. We have seen the start …

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