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Gross mortgage lending rises to £22.1 billion in June 2017

Gross mortgage lending rises to £22.1 billion in June 2017

UK Finance estimates that gross mortgage lending reached £20.3 billion in May and rose 9% higher in June to £22.1 billion. New trade association Formed on 1 July 2017, UK Finance is a new trade association and represents the finance and banking industry operating in the UK. Representing over 300 firms in the UK providing […]

Gross mortgage lending reaches £18.2 billion in February 2017

Gross mortgage lending reaches £18.2 billion in February 2017

The Council of Mortgage Lenders, whose members are banks, building societies and other lenders, collectively undertaking up to 97% of all UK residential mortgage lending, estimates that gross mortgage lending in February reached £18.2 billion. £1.3 trillion This may sound impressive, yet it’s still 8% lower than January’s lending total of £19.8 billion. Although, it’s […]