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CML: Mortgage lending falls to lowest level for 30 years

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  • CML: Mortgage lending falls to lowest level for 30 years

    According to the Council of Mortgage Lenders (CML), mortgage lending to first-time buyers and existing home owners fell during the first 3 months of 2008 to its lowest level for 30 years.Furthermore, the CML is predicting that the situation will deteriorate throughout the remainder of the year. Figures from the CML show that mortgage lending [...]

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