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Mortgage lending rose by nearly 7% during October 2008. However, the figures from the Council of Mortgage Lenders (CML) show that the month’s lending was still 44% lower than in October 2007.Lenders advanced a total of £18.7bn in October, compared with £17.5bn loaned in September.Despite the increase in lending during October, the CML has warned [...]
More: 7% rise in October’s mortgage lending |
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