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Six per cent rise in mortgage lending

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11-21-2007, 12:09 PM

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Six per cent rise in mortgage lending

New data from the Council of Mortgage Lenders (CML) shows that gross mortgage lending increased to approximately £32.4 billion in October. The figure is 6% ahead of lending in September, at £30.6 billion, and 6% higher than in October of last year. Historically, mortgage lending in September and October shows a seasonal rise of around 3%. Although the [...]

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