Wednesday 15 June 2011

Mortgage advances up by 8% during April - Property, House & Home - The Independent

Mortgage advances up by 8% during April - Property, House & Home - The Independent

Mortgage advances to people buying a home jumped by 8% during April but lending levels remained down on a year earlier, figures showed today.

Around 40,900 loans were taken out by people moving home during the month, compared with 37,900 in March, but the total was still 2% lower than in April last year, according to the Council of Mortgage Lenders.

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