Tuesday, Jun 22, 2010
Repossessions at lowest level for two years
FT: Mortgage arrears down as lending remain static
The number of outstanding mortgage loans during the first three months of 2010 remained unchanged from the previous quarter, according to Financial Services Authority's (FSA's) lending data. The FSA, which published its quarterly mortgage lending data today (22 June) also said new advances and new commitments had dropped as had the number of accounts in arrears. The total value of outstanding loans stood at £1,206b, virtually unchanged from last quarter.
Posted by jack c @ 12:25 PM (352 views) Add Comment
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