September slowdown in mortgage lending

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September slowdown in mortgage lending

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10-19-2007, 09:58 AM

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September slowdown in mortgage lending

Mortgage lending figures for September provide further evidence of a slowdown in the UK property market.According to the Council of Mortgage Lenders(CML), the total value of mortgage loans fell by 12%, or £4 billion, last month.September normally sees a decline in mortgage lending because it is the beginning of a quieter period for the property [...]

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