Latest figures from the Council of Mortgage Lenders (CML) present a mixed picture. Last month, gross lending increased by 5% on February, to £26.3 billion, but was 17% down on March 2007. Traditionally, there is a 20% difference between February and March mortgage lending, as the housing market arises from winter lethargy. This year’s low figure for March [...]
March mortgage lending 17% down
