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).

Posted by converted lurker @ 11:06 AM (414 views)
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