Lending spike could end mortgage famine and underpin house prices

| August 20, 2012 | 0 Comments

  A sharp increase in mortgage lending last month, following rate cuts from some of Britain’s biggest banks has prompted speculation about the end of the mortgage famine and fresh support for house prices. The Council of Mortgage Lenders reports that gross mortgage lending in July increased by 8pc over the month before to £12.7bn. […]

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