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Old 12-18-2008, 05:05 PM
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Post Gross mortgage lending down 51% on the year

The Council of Mortgage Lenders (CML) has reported that gross mortgage lending in November stood at around £14.6 billion.During the month, the value of home loans provided by CML members fell 22% on October and 51% on November of 2007.The Council points out that while there is typically a decline in gross lending from October [...]

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