There was £19.9bn worth of mortgage lending last month, the Council of Mortgage Lenders is estimating.
This is 9% lower than October’s total of £21.9bn, but 23% up on last November’s total of £16.1bn.
The CML is now forecasting lending this year to reach £214bn, up from its earlier estimate of £209bn.
Comments are closed.
Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.
In other words property values in the UK have risen by 5bn
allowing for deposits, cash purchases and number of transactions staying constant.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register