Mortgage lending stalls as worried buyers wait it out to see if economy improves | Mail Online

Mortgage lending stalls as worried buyers wait it out to see if economy improves | Mail Online

Mortgage lending stalled during February as potential buyers continued to sit tight in the face of economic uncertainty.
A total of £9.5billion was advanced during the month, broadly in line with January's one-year low of £9.48 billion, the Council of Mortgage Lenders said.
The group recorded a seasonal pick-up in interest from buyers over the past few weeks but said demand was still weaker than a year ago.