British mortgage advances fall to lowest in decade

Mortgage advances in the UK during April fell to their lowest level for the month for 10 years, figures showed today.

British mortgage advances fall to lowest in decade
Fri, 21 May, 2010 - 10:55

Mortgage advances in the UK during April fell to their lowest level for the month for 10 years, figures showed today.

Lending slumped to £10.2bn (€11.7bn) during the month, 12% down on March’s figure and the lowest level recorded for April since 2000, according to the Council of Mortgage Lenders.

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