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Mortgage lending slump continues

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  • Mortgage lending slump continues

    Figures from the British Bankers Association (BBA) show that mortgage lending slowed further in November indicating that the housing market is cooling. High Street banks in the UK lent £4.3 billion on mortgages last month - £500 million less than October. The number of mortgage approvals recovered 4% to 44,811 from a record low in [...]

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