Mortgage lending subdued - CML

July 21, 2011
Gross mortgage lending continues to be subdued, CML’s latest statistics show. Gross mortgage lending climbed 16% from May to June, to an estimated £12.6 billion, but this was still 3% lower than that achieved in June 2010 (£13 billion). Gross lending rose 11% during the second quarter of 2011, against the first three months of the year. At £33.5 billion …

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