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20/06/2013
Unexpected Surge In Mortgage Lending In May
The UK mortgage market has seen an unexpected boost, hitting its highest level in almost five years.
In May mortgage lending stood at £14.7 billion, a 21% increase on April and a 17% increase on May last year, according to figures from the Council of Mortgage Lenders (CML).
It is thought a number of government initatives have helped boost the mortgage lending market.
Some caution has been urged however, as the surge covers just one month and cannot be used to gauge an trend.
(MH/CD)
In May mortgage lending stood at £14.7 billion, a 21% increase on April and a 17% increase on May last year, according to figures from the Council of Mortgage Lenders (CML).
It is thought a number of government initatives have helped boost the mortgage lending market.
Some caution has been urged however, as the surge covers just one month and cannot be used to gauge an trend.
(MH/CD)
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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.
20 October 2004
Mortgage lending study points to property market slowdown
Mortgage lending has dipped again for the second consecutive month, indicating that the housing market is cooling off. According to the Council of Mortgage Lenders, there was a 4% drop in gross lending between August and September. Last month saw gross lending hit £25.
Mortgage lending study points to property market slowdown
Mortgage lending has dipped again for the second consecutive month, indicating that the housing market is cooling off. According to the Council of Mortgage Lenders, there was a 4% drop in gross lending between August and September. Last month saw gross lending hit £25.
05 August 2005
Housing market showing ‘modest improvement’
The housing market is showing a “modest improvement,” the Halifax has reported. House prices increased by 0.2% in July, following a similar rise in June, the Halifax reported. However, the annual rate of house price inflation has continued to fall, dropping to 2.3% in July – the lowest rate of growth since April 1996.
Housing market showing ‘modest improvement’
The housing market is showing a “modest improvement,” the Halifax has reported. House prices increased by 0.2% in July, following a similar rise in June, the Halifax reported. However, the annual rate of house price inflation has continued to fall, dropping to 2.3% in July – the lowest rate of growth since April 1996.
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).
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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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
