Wednesday, 10 August 2011

Mortgage lending jumped in June, say lenders.




According to new statistics from the Council of Mortgage Lenders (CML).

The total number of new home loans to house buyers rose by 22% from May, to 46,700.

First-time buyers reached a 10-month high, up 24% from May to 18,100.

The CML have commented that the figures whilst not back to the level of a few years ago, were still encouraging.

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