Monday, Nov 20, 2006
Gross mortgage lending up again..
Firstrung: Mortgage lending hits new record in October, up 12% compared to 2005
Gross lending hit a new monthly record in October of £30.3 billion, according to the latest data from the Council of Mortgage Lenders. Lending was up by 4% on the September figure of £29.2 billion, but down by 8% from the overall record of £33 billion in August. Lending was up 12% in comparison to October last year (£27 billion).
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