Latest figures from the British Bankers’ Association show a “modest” increase in net mortgage lending. UK banks lent a net £2.6 billion in June, compared with £2.4 billion in May and a previous six month average of £3.1 billion. In terms of volumes, last month saw 35,235 loans approved for house purchases, up from 31,919 in May [...]
More: Mortgage lending shows modest increase