"Very weak" July mortgage market - CML

Sept. 13, 2010
Mortgage demand was low in the traditionally strong month of July, according to the latest mortgage survey by the Council of Mortgage Lenders (CML). CML said that 56,000 loans worth £8.4 billion were advanced in July, up from 52,000 in June and 53,000 a year ago. “While this reflects the seasonal rise in activity at what is usually a strong …

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