Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.

Thursday, August 19, 2010

Mortgage Drought Continues

The Council of Mortgage Lenders (CML) report that the total amount of money lent in new mortgages stood at £13.6BN in July.

This represents a fall of 3% when compared with July 2009.

The banks, despite returning to profit, have tightened their mortgage lending criteria.

No comments:

Post a Comment