Rise in mortgage lending 'fuelled by remortgaging' | Money | guardian.co.uk
Gross mortgage lending was up £1.2bn in May, a 12% increase on the previous month and 1% higher than May 2010, according to figures published by the Council of Mortgage Lenders (CML).
The figures, which the CML treats as an early indicator for Bank of England lending figures and its own more detailed lending data published later in the month, shows a total of £11.3bn lent in May compared to £10.1bn in April and the £11.4bn lent in March.
However, the rise should not be regarded as an increase in the strength of the property market or an improvement in the number of first-time buyers: the CML says the increase was fuelled by remortgaging .....
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment