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Old 02-18-2010, 09:47 PM
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Post Mortgage lending plummets in January

Gross mortgage lending plummeted in January, adversely affected by the end of the stamp duty holiday.The Council of Mortgage Lenders (CML) puts the gross figure at £9.1 billion, down 32% from £13.4 billion in December and 21% year-on-year.While a decline is typically experienced between December and January, advances were at their lowest since February 2000 [...]

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