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Old 07-21-2009, 08:15 AM
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Post Gross mortgage lending shows seasonal surge

The Council of Mortgage Lenders has reported a 17% increase in gross mortgage lending for June.The figure rose to an estimated £12.3 billion, up from £10.5 billion in May but still registering a 48% decline on June 2008, when gross lending stood at £23.8 billion. On a quarterly basis, gross lending in the three [...]

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