Total lending to individuals up by £1.4bn in April | myintroducer.com
Total lending to individuals rose by £1.4 billion in April, in line with the previous six-month average, according to statistics from the BoE.
The twelve-month growth rate was unchanged at 1.0%
Within total lending, lending secured on dwellings rose by £1.1 billion, in line with the previous six month average. The three-month annualised and twelve-month growth rates were broadly unchanged at 1.0% and 0.8% respectively.
Gross lending secured on dwellings was £11.5 billion in April, compared to the previous six month average of £12.4 billion. Repayments in April were £11.3 billion, compared to the previous six month average of £11.5 billion.
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