Significant increase in UK mortgage lending

Mortgage lending in the UK jumped by 26% during July as the housing market showed further signs of improving, figures showed today.

Significant increase in UK mortgage lending
Thu, 20 Aug, 2009 - 10:59

Mortgage lending in the UK jumped by 26% during July as the housing market showed further signs of improving, figures showed today.

Around £16bn (€18.6bn) was advanced during the month, the highest figure for nine months and up from £12.7bn (€14.75bn) in June, according to the Council of Mortgage Lenders.

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