UK mortgage lending enjoys best month since 2008

Mortgage lenders in the UK are reporting that business has surged to its strongest levels since 2008 as a "meaningful recovery" in the housing market continues.

UK mortgage lending enjoys best month since 2008

Mortgage lenders in the UK are reporting that business has surged to its strongest levels since 2008 as a "meaningful recovery" in the housing market continues.

An estimated £15bn (€17.3bn) worth of mortgages was advanced in June, marking the best month seen since October 2008, the Council of Mortgage Lenders (CML) said.

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