Loan and mortgage news from More4 Loans.
20/08/2009 - Gross mortgage lending up 26%
Gross mortgage lending rose 26% in July to £16bn in comparison to June's figures, according to the Council of Mortgage Lenders. House purchases rather than remortgages are likely to have driven this increase in lending as borrowers are sticking with SVR's rather than remortgage to a fixed rate deal.
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