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Old 08-19-2010, 10:39 AM
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Post Mortgage lending down 3% on the year

Gross mortgage lending totalled an estimated £13.6 billion in July, according to the Council of Mortgage Lenders (CML). The figure shows a 5% increase on June but is down 3%, from £14 billion, a year earlier. The CML reckons that last month’s increase represents a fairly typical seasonal rise but points out that underlying activity [...]

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