Gross lending dips as remortgaging continues to decline
Gross mortgage lending declined slightly last month, falling to £10.3 billion in May from £10.5 billion in April. The 2% decline took the annual fall to 58%. The new figures from the Council of Mortgage Lenders (CML) include lending for house purchases and remortgages and the Council points out that even if house purchase activity is increasing, [...]
Gross lending dips as remortgaging continues to decline
