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No cheer for borrowers in latest home lending figures Latest Articles

Mortgage lending for buying and refinancing homes was up 5% in July – an increase from £12.9 billion in June 2010 to £13.6 billion in July but a disappointing £0.4 billion down on July 2009.

Effectively, despite the Bank of England’s making billions available with a quantative easing policy to provide funds to encourage banks and building societies to lend, the amount of money available to home owners to borrow has stood still for a year. Continue reading No cheer for borrowers in latest home lending figures


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