CML: Mortgage lending remains subdued in October

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CML: Mortgage lending remains subdued in October

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11-18-2010, 07:40 PM

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CML: Mortgage lending remains subdued in October

The Council of Mortgage Lenders (CML) has today reported mortgage lending remained weak in October. 44,000 loans for home purchase were approved with gross mortgage lending totalling £12.4 billion – unchanged from the previous month and 9% lower on year ago levels. It also represented the lowest October figure since 2000. Commenting on today’s figures, [...]

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