Wednesday, February 20, 2013

Mortgage lending drops by 10% in Jan compared to December

Mortgage lending down but outlook still bright, says CML

The Council of Mortgage Lenders (CML) reports a big reduction in mortgage lending in January. There was just £10.4 billion lent out to home-movers and first-time buyers, a full £1 billion down on December’s figure of £11.4 billion in December and down by £0.3 billion on the same month last year when £10.7 billion was lent out.

Posted by ben @ 11:15 AM (1028 views)
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One thought on “Mortgage lending drops by 10% in Jan compared to December

  • mark wadsworth says:

    Looks like good news for us Crashers!

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