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Mortgage lending December boost
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Gross mortgage lending rose 14% in December against the previous month, the Council of Mortgage Lenders said today. Lending reached an estimated £13.7 billion in the month, up from £12.1 billion in November.

Lending totalled £39.1 billion in the fourth quarter of 2009, up slightly on the previous quarter, although CML says there is typically a 6% fall from quarter three to four. However the total was still 14% down on the same period in 2008.

See Also:   (6699), (4), (14)

Date Published: 21 January 2010

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