Wednesday, October 20, 2010
Mortgage lending down 1% from August
"UK mortgage lending remained subdued last month, figures from the Council of Mortgage Lenders (CML) suggest. Total lending was Â£12bn in September, the lowest September total since 2000. The CML's figures, which cover borrowing for house purchases as well as remortgaging, were down 1% from August and 7% lower than in September last year."