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Old 07-24-2009, 12:02 AM
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Post Mortgage lending shows modest increase

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 [...]

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