CML: Slight rise in October mortgage lending

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CML: Slight rise in October mortgage lending

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11-20-2008, 07:13 PM

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CML: Slight rise in October mortgage lending

Figures released today from the Council of Mortgage Lenders (CML) have revealed a slight improvement in mortgage lending for October. Mortgage lending rose £18.7 billion, almost 7%, however, the CML has cautioned that continued weakness is expected in the market.Despite the slight increase, October’s lending is still 44% lower when compared with October 2007.According to [...]

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