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CML: Mortgage squeeze continuing

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08-12-2008, 05:01 PM

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CML: Mortgage squeeze continuing

According to the latest figures from the Council of Mortgage Lenders (CML), the mortgage drought is continuing after the organisation revealed that the number of loans approved for house purchases in the UK has fallen. Figures show that 47,000 home loans were approved compared with 98,000 in June 2007, and down from 52,000 in May this [...]

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