Thursday, March 19, 2009

Falling off a cliff

Gross mortgage lending drops 60% year-on-year

Gross mortgage lending in February dropped 60% from the same time last year to £9.9bn, the lowest monthly lending figure since 2001. The Council of Mortgage Lenders says this decline is bigger than the 3% to 4% usually experienced between January and February...........

Posted by jack c @ 10:40 AM (696 views)
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