Mortage lending has reached an all time low. If you compare lending in February 2009 with February 2008 mortgage lending figures are down a massive 60%. In February £9.9bn was leant to UK homeowners. According to the Council of Mortgage Lenders (CML) this is the lowest level experienced since 2001. This is a furhter fall [...]
Posts Tagged ‘Council of Mortgage Lenders’
Mortgage Lending at its lowest for 8 years
Posted in Property News, tagged Council of Mortgage Lenders, investment, mortage, property investor, property market, Property News, property slump, UK property on March 24, 2009 | Leave a Comment »