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17% year-on-year fall in mortgage lending

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  • 17% year-on-year fall in mortgage lending

    New research from the Council of Mortgage Lenders (CML) shows the credit squeeze on homeowners continues as they reveal a 17% year-on-year fall in mortgage lending. The CML said there was £26.3 billion worth of gross mortgage lending in March compared to £31.7 billion lent in March 2007. However, there is a slight improvement as [...]

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