Mortgage Lending Picking up again
Mortgage lending to home buyers picked up again in June, the Council of Mortgage Lenders (CML) says.
Its figures showed that there were 52,000 new loans granted to home buyers, 19% more than in May and up 14% on the same month a year ago.
The CML said activity was “still on an upward trajectory” and described the rise in June as “significant”.
However, the lenders’ organisation said it was still cautious about the prospects for the coming months.
Category: Your Money
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