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Gross mortgage lending increased 12% in May Latest Articles, Mortgage News

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Gross Mortgage Lending up 12% in May

According to new data from the Council of Mortgage Lenders, gross mortgage lending totalled an estimated £11.3 billion in May, which represented a 12% increase from the £10.1 billion lent in April, and was 1% higher than in May 2010. Gross mortgage lending includes lending for both house purchase and remortgage. Continue reading Gross mortgage lending increased 12% in May


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