Gross Mortgage Lending Tumbles 60% In Feb.

19 Mar 2009

Gross mortgage lending in the U.K. tumbled 60% in February from a year earlier, according to the Council of Mortgage Lenders.

Gross mortgage lending in the U.K. tumbled 60% in February from a year earlier, according to the Council of Mortgage Lenders. The CML, which said it was the lowest monthly in eight years, reported that gross mortgage lending last month was roughly £9.9 billion ($14.27 billion), a 15% ...

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