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CML - Mortgage Lending down 63% on last year
adr0ck
Posts: 2,374 Forumite
Figures for August
http://www.cml.org.uk/cml/media/press/1940
In August there were 42,200 house purchase loans, 15,600 of them to first-time buyers, according to the Council of Mortgage Lenders. At £6 billion, house purchase lending was 63% lower than in August 2007. Both the number and value of house purchase loans were the lowest since the CML began collecting monthly data in January 2002.
http://www.cml.org.uk/cml/media/press/1940
In August there were 42,200 house purchase loans, 15,600 of them to first-time buyers, according to the Council of Mortgage Lenders. At £6 billion, house purchase lending was 63% lower than in August 2007. Both the number and value of house purchase loans were the lowest since the CML began collecting monthly data in January 2002.
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Comments
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Figures for August
http://www.cml.org.uk/cml/media/press/1940
In August there were 42,200 house purchase loans, 15,600 of them to first-time buyers, according to the Council of Mortgage Lenders. At £6 billion, house purchase lending was 63% lower than in August 2007. Both the number and value of house purchase loans were the lowest since the CML began collecting monthly data in January 2002.
It is good to post these figures ardock, it will fit well in the comparisons for next year when the figures will be much higher, don't forget august is historically a quiet month for the housing market.0 -
mr.broderick wrote: »don't forget august is historically a quiet month for the housing market.
agreed but its still 63% lower on August last year0 -
what happened to Nelly by the way0
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mr.broderick wrote: »It is good to post these figures ardock, it will fit well in the comparisons for next year when the figures will be much higher, don't forget august is historically a quiet month for the housing market.
Well today's figures were the worst since records began :rotfl:0
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