Mortgages on a high again

Dec. 21, 2005
Mortgage lending has recovered to its highest level since the end of the housing boom. Members of the British Bankers’ Association lent £5.1 billion more in mortgages than was repaid last month, the most since July 2004. Building societies also had a strong month, lending a fifth more than in November last year. The Building Societies Association said mortgage approvals …

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