The Council of Mortgage Lenders (CML) has reported that lending for house purchases rose in July, showing annual growth for the first time since early 2007. Approvals increased to 56,000, up 24% on June and 19% on a year earlier. In terms of value, house purchase loans totalled £7.5 billion compared with £7.1 billion in July of [...]
House purchase lending up 19% in July
