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18/11/2010
Gross Mortgage Lending Falls
Gross mortgage lending in October was an estimated £12.4 billion, unchanged from September but down 9% from £13.6 billion in October 2009, according to new data from the Council of Mortgage Lenders.
This is the lowest October total since 2000 (£9.9 billion).
The month-on-month annual comparison is likely to continue to decrease a little in the coming months, because underlying lending volumes rose sharply in the latter part of 2009 as borrowers rushed to take advantage of the stamp duty concession before the end of the year.
In a speech today at the Council of Mortgage Lenders’ 2010 Mortgage Industry Conference and Exhibition, CML Chairman Matthew Wyles says the industry is likely to end 2010 having done around £137 billion gross lending, and around £9 billion net lending. The market remains subdued.
(BMcN/GK)
This is the lowest October total since 2000 (£9.9 billion).
The month-on-month annual comparison is likely to continue to decrease a little in the coming months, because underlying lending volumes rose sharply in the latter part of 2009 as borrowers rushed to take advantage of the stamp duty concession before the end of the year.
In a speech today at the Council of Mortgage Lenders’ 2010 Mortgage Industry Conference and Exhibition, CML Chairman Matthew Wyles says the industry is likely to end 2010 having done around £137 billion gross lending, and around £9 billion net lending. The market remains subdued.
(BMcN/GK)
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20 June 2011
Mortgage Lending Boosted
Gross mortgage lending totalled an estimated £11.3 billion in May, according to new data from the Council of Mortgage Lenders (CML). This represented a 12% increase from the £10.1 billion lent in April and was 1% higher than in May 2010. Gross mortgage lending includes lending for both house purchase and remortgage.
Mortgage Lending Boosted
Gross mortgage lending totalled an estimated £11.3 billion in May, according to new data from the Council of Mortgage Lenders (CML). This represented a 12% increase from the £10.1 billion lent in April and was 1% higher than in May 2010. Gross mortgage lending includes lending for both house purchase and remortgage.
18 August 2011
Mortgage Lending Remains Subdued
Mortgage lending in July has remained virtually unchanged according to new data from the Council of Mortgage Lenders (CML). Gross mortgage lending was an estimated £12.6 billion, this is 1% lower than June’s gross lending figure of £12.68 billion and a 6% fall from £13.3 billion in July 2010.
Mortgage Lending Remains Subdued
Mortgage lending in July has remained virtually unchanged according to new data from the Council of Mortgage Lenders (CML). Gross mortgage lending was an estimated £12.6 billion, this is 1% lower than June’s gross lending figure of £12.68 billion and a 6% fall from £13.3 billion in July 2010.
22 April 2009
Mortgage Lending Begins To Rise
Gross mortgage lending was an estimated £11.5 billion in March, a 16% rise from £9.9 billion in February but a 52% decline from £24.2 billion in March 2008, according to new data from the Council of Mortgage Lenders (CML).
Mortgage Lending Begins To Rise
Gross mortgage lending was an estimated £11.5 billion in March, a 16% rise from £9.9 billion in February but a 52% decline from £24.2 billion in March 2008, according to new data from the Council of Mortgage Lenders (CML).
25 November 2013
Mortgage Lending Takes 'Slight Dip' In October
The number of mortgages agreed in the UK fell slightly in October, according to an industry report. The British Bankers Association (BBA) report that 42,808 loans were approved by UK banks last month, down by 375 on the number in September.
Mortgage Lending Takes 'Slight Dip' In October
The number of mortgages agreed in the UK fell slightly in October, according to an industry report. The British Bankers Association (BBA) report that 42,808 loans were approved by UK banks last month, down by 375 on the number in September.
21 January 2009
Gross Mortgage Lending Declines In December
Gross mortgage lending reached an estimated £12.6 billion in December, down 11% from £14.2 billion in November and 47% on December 2008, according to the Council of Mortgage Lenders (CML). This is the lowest monthly figure since April 2001. Lending totalled £256.4 billion over 2008 as a whole, down 30% on £363.
Gross Mortgage Lending Declines In December
Gross mortgage lending reached an estimated £12.6 billion in December, down 11% from £14.2 billion in November and 47% on December 2008, according to the Council of Mortgage Lenders (CML). This is the lowest monthly figure since April 2001. Lending totalled £256.4 billion over 2008 as a whole, down 30% on £363.
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