Mortgage lending jumps by a fifth
Mortgage lenders have reported one of their strongest months since 2008 in a further sign that Government efforts are prompting an upturn in the housing market.
The Council of Mortgage Lenders (CML) estimates that £12.1 billion worth of loans were advanced in April, marking an increase of one fifth (21%) year-on-year.%VIRTUAL-SkimlinksPromo%