CML: Mortgage lending down 18% on year in December

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CML: Mortgage lending down 18% on year in December

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01-21-2011, 11:37 AM

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CML: Mortgage lending down 18% on year in December

The Council of Mortgage Lenders (CML) has today reported mortgage lending remained weak in December. Mortgage lending fell by 6% in December compared with November, said the Council. According to the CML, mortgage lending totalled £11 billion – this was 18% lower compared with December 2009 – when buyers were rushing to beat the end [...]

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