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July decline in mortgage lending

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09-18-2007, 03:00 PM

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July decline in mortgage lending

Latest figures from the Council of Mortgage Lenders (CML) show a decline in both the number and value of mortgages taken out in July. Lending to home-buyers and those remortgaging fell during the month but at the same time lending not connected to the purchase of a home or remortgaging rose to an all time high [...]

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