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Old 09-21-2007, 09:26 AM
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Post Mortgage lending falls but remains strong

The Council of Mortgage Lenders (CML) has published figures for August showing a 6% fall in gross mortgage lending by banks, building societies and specialist lenders, as compared with July.In monetary terms, lending fell to £32.2 billion from £34.1 billion in July and was 3% down on the August 2006 figure of £33 billion.The data, [...]

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Old 09-21-2007, 01:11 PM
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Default Re: Mortgage lending falls but remains strong

Still strong because of the buy-to-let market - but I think we're going to see that seriously cool over the next few months.
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