Mortgage lending down as home owners focus on repayment
The British Bankers’ Association (BBA) has reported that gross mortgage lending amounted to £8.7 billion in March, with the figure 0.4% down on a year earlier and below the average of the previous six months (£9.2 billion). According to the BBA, repayments were stronger than usual as lenders actively encouraged borrowers to use surplus cash to [...]
Mortgage lending down as home owners focus on repayment
