Gross Mortgage Lending Improved in April
Gross mortgage lending improved in April, according to the latest figures from the CML (Council of Mortgage Lenders).
Lending totalled £25.3 billion in April, a five per cent increase on the previous month but still eight per cent down on April 2007.
The CML points out that the monthly increase bucks the usual trend of declines between March and April, which it suggests is down to the Easter holiday period being in March this year.
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