Summary
GROSS mortgage lending jumped 15 per cent to Pounds 13.1-billion in June, the highest level recorded this year and seven per cent higher than last June's total of Pounds 12.2-billion, according to the Council of Mortgage Lenders (CML).
Nigel Lewis, property analyst at FindaProperty.com, says: "This hike in lending is uncharacteristic of the traditionally quiet summer months and may help to rebalance the market, which is experiencing increasing stock levels but no uplift in buyers.See the full content of this document
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Mortgage Lending Leaps Up
"But the nu...
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