UK mortgage lending 'surprisingly strong'

Mortgage lending in the UK jumped by 14% during December as people rushed to buy a home before the British government’s stamp duty holiday ended, figures showed today.

Mortgage lending in the UK jumped by 14% during December as people rushed to buy a home before the British government’s stamp duty holiday ended, figures showed today.

A total of £13.7bn (€15.75bn) was advanced during the month, up from £12.1bn (€13.9bn) in November, the Council of Mortgage Lenders (CML) said.

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