UK lenders sanctioned an additional £1.2 billion in mortgages in December 2009, according to Bank of England statistics.The figure fell below the revised November total of £1.6 billion, but remained above the previous six-month average of £0.9 billion. The annual rate of growth slipped to 0.9% (1% in November) but the three-month-on-three month measure [...]
More: December dip in house purchase mortgage approvals