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BBA: August mortgage lending falls to record low

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  • BBA: August mortgage lending falls to record low

    Figures from the British Bankers’ Association (BBA) have revealed that UK mortgage lending by the major banks fell to a fresh low in August. The BBA’s members make up for around two-thirds of mortgage lending. Some 21,086 mortgages were approved during August, 64% lower than in August 2007. The figure represents the lowest since the BBA started [...]

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